Problem: Electricity production and use is a major driver of greenhouse gas emissions that cause global climate change. The technology used to generate or use electricity determines how much greenhouse gas emissions are associated with electricity use
Design a tax policy to reduce greenhouse gas emissions from the generation and use of electricity. Specify:
- What and who is the tax applied to? (Choose 1 example)
- How would you determine the tax level? (no need to state a particular number, use general economic descriptions for the rationale behind the tax level).