Carbon Taxes Poised to Slash Greenhouse Emissions, Transform Global Economy
Carbon taxes are effective in reducing greenhouse gas emissions. This paper explores the impacts of these taxes, focusing on their benefits for the environment, economy, and society. It discusses ways to enhance the overall effectiveness of carbon taxes and achieve them in a fair manner. The study suggests that while carbon taxes can help decrease pollution in the future, they face challenges like industry competitiveness. It highlights both positive and negative aspects of carbon taxes and offers solutions for improvement to address environmental concerns.