In \"Putting a Price on Pollution,\" NY Times rcporter m Sengupta reports on The European Commission's pending climate legislation. Sengupta discusses three main aSpects of the pending legislation: (1) a prohibition on selling new dieselburning cars, (2) a tax on plane iel, and (3) a carbon border tax (for which, the United States will be granted an exception). Answer the following questions about the legislation. Be sure to completely answer each question. Be sure to label each graph, curve, axis, relevant point, and area in the model. 1. 2. What are the intended goals of the legislation? (5 points) Using the supply and demand model, illustrate the effect of the prohibition on selling new dieselburning cars on that market. Explain your graph. (30 points) . What is one intended consequences of the prohibition on selling new diesel-buming cars? What is one possible unintended consequences of the prohibition? (10 points) Using the supply and demand model, illustrate the effect of a carbon border tax on the market for foreign produced goods that have carbon as a by-product of the production process. Explain your graph. (Hint: Be sure to label consumer surplus, producer surplus, tax revenue, deadweight loss, price paid by buyers, price paid by sellers, quantity bought & sold after the tax, and the tax wedge). (40 points) . What is one intended consequences of the carbon border tax? What is one possible unintended consequence of the tax? (10 points) Do you think the European Commission's climate legislation will have its intended effect? If so, at what cost? If not, why? (5 points)