thanks for the help

Imagine that you are sitting down to your next Thanksgiving meal (or whatever is your preferred post-COVID family gathering). At some point during the meal, you mention that you recently took a university class in environmental economics. One of your relatives is very upset by this news. They angrily tell you: "Environmental economics? You mean carbon taxes, pollution standards, public parks and the value of statistical life? That all sounds like pure socialism to me! Who do these government bureaucrats think they are, interfering with the free market?!" How would you respond to this person? Mention at least one policy instrument in your answer and explain what this instrument is trying to correct for