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Describe two alternatives to a carbon tax for mitigating the impacts of externalities associated with carbon. Explain why you think these options could be effective?

  1. Describe two alternatives to a carbon tax for mitigating the impacts of externalities associated with carbon. Explain why you think these options could be effective?
  2. Describe 3 challenges associated with implementing a Pigouvian tax. Consider criticisms of Pigouvian taxes that you came across in the readings.

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