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Suppose the government wants to promote environment friendly projects in the Energy sector. It decides to implement a clean environment tax which imposes an additional
Suppose the government wants to promote environment friendly projects in the Energy sector. It decides to implement a "clean environment" tax which imposes an additional 10% tax on earnings from projects with high carbon emissions. How would your answer to part (d) change due to this policy? Is the government's policy successful? Provide a brief explanation
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