#40
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OT: Cars, fuel economy, and such
Tradable credits (as part of a cap and trade approach) are different than a straight carbon tax.
The ultimate goal of CAFE standards is to reduce the externality (emissions) associated with vehicles. A tax can achieve the same goal by putting a price on what cars emit, assuming the tax is high enough to actually reduce overconsumption. Last edited by fa63; 03-19-2017 at 07:49 PM. |
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