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Part 1. Imagine you have a diesel-powered car, and you can buy either diesel or biodiesel fuet (which is possible in some parts of the

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Part 1. Imagine you have a diesel-powered car, and you can buy either diesel or biodiesel fuet (which is possible in some parts of the US). The cost of biodiesel is $33/GJ, and the biodiesel causes 20 kg CO2 emissions per al over its lifetime. The diesel costs $25/GJ and causes 80 kg CO emissions per GJ over its lifetime (4 times morell). What is the cost of mitigation of choosing biodiesel? 130 S/CO2 130 Part 2. What carbon tax would be required to make the biodiesel cost the same as the diesel? 16.5 S/CO2 x 16.5

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