The city of Lakeland is troubled by its heavy peanut shell pollution problem. Being the home to the largest peanut farming company in the area, the peanut supply is plentiful. Lakeland residents buy peanuts and drop the shells all over the city.

To eliminate the problem, Lakeland has decided to impose a tax on the consumers that buy the peanuts.

As an economist, detail the observations about this story and the effectiveness of this policy.