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Industrial Engineering

Industrial Engineering Undergraduate Honors Theses

Carbon tax

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The Impact Of A Carbon Tax On Emissions, Jessica Creech May 2023

The Impact Of A Carbon Tax On Emissions, Jessica Creech

Industrial Engineering Undergraduate Honors Theses

A carbon tax is an economic policy that aims to reduce various emissions to serve the protection of the environment. Versions of this policy have been implemented in multiple countries across the world to introduce a cost for contributing to environmental damage. Since climate change is prevalent in today’s world, finding an effective method to reduce emissions is essential. However, many countries hesitate to utilize a carbon tax for two reasons. First, they are unsure if the carbon tax is effective at reducing emissions. Second, there is a concern that the implementation of such a tax will be detrimental to …