Carbon Taxing Will Solve the Ñlimate Ñhange (Research Paper Sample)

CARBON TAXING WILL SOLVE THE CLIMATE CHANGE
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A carbon tax can be defined as the fee which is levied on the greenhouse in order to discourage them from burning fossil fuels. It is normally done by placing surcharge on any sources of pollution for instance, the industrial processes and carbon-based fuels. Climate change problem has been in existence for many years and this has caused several reactions from different people, both policy makers and non-policy makers. The discussion has raised various opinions in which some people agree that placing charges on carbon fuel producing institutions can help eradicate or reduce the challenge and people disagreeing with the opinion. This paper will examine the debate as to whether carbon taxing can solve the climate change or not. People have argued that carbon taxing can help manage the climate change basing their argument that placing taxes on the carbon fuels may help reduce polluting activities.
Placing carbon tax fee on the institutions which produce this product will not solve the climate change problem which has existed for many years. It will not be right to claim that placing charges on the carbon-fuel producing companies may help reduce the climate problem being experienced over the past decades if one examines the situation in attempt to match the impact of the placing the tax on these institutions and the problem it will have solved. Raising the prices or placing taxes on carbon materials will only increase the cost of living and not reduce the challenge (Leiserowitz 2006). Despite the fact that most people will not have access to the product does not guarantee that no one will use it. Those few who will have access to the product will still use it. Sometimes one may find that few people having access to carbon-fuels may use it more which is almost the same when everyone had access to the product. The question one should ask is not how many people will use the product but how much will be used. Therefore, it will be wastage of time trying to place taxes on the carbon-fuel producing companies as a way to reduce the climate problems. This will only impact to high cost of living which may affect the economy negatively. If that claim is to be adopted then it will mean that the government may levy a huge fee on these companies to discourage their use to solve the climate challenge.
On the other hand, when the situation is viewed in another perspective of the production cost it will be more expensive (Nordhaus 1993). Market is the determining factor of the production of a commodity. When the market demand is high, the production also increases. This chain of supply-consumption may be affected if tax is to be placed on the fuel producing industries. The oil prices may drop ad this will mainly affect the company as they will incur high cost of production. In addition, placing taxes on these companies will discourage upcoming companies and as a result the oil prices may go up affecting the economic system of a state. The climate problems have been managed due to several reasons. For instance, there has been improved building which has set equipment efficiency standards. Secondly, the integration of land use and transportation systems have also helped reduce the pollution challenge by attempting to meet the travel reduction objectives. The regulatory reforms which have encouraged most of the product users to concentrate more on the energy efficiency and the policies which govern the prices of energy have also assisted in controlling and solving the climate change challenges.
Some people such as economists have argued that placing a tax on the carbon producing institutions will increase the government’s revenue and in turn lead to expansion of the government’s size. This argument is concentrated majorly on the profit making mind and not finding solution to the problem which faces the entire world. This idea impacts negatively than positively on the national economy. Global warming has been a major threat to climate change in most of the industrialized nations such as U.S and China. Despite the persistence of the challenge, people still believe that global warming is caused majorly by human actions.
Research has shown that placing taxes on carbon industries will not solve the climate change experienced in the U.S. It is estimated that this policy can only reduce the effect by only 7% which is not the solution. To implement this policy in every country will be very difficult because not all the countries are willing to adopt the policy. Therefore, implementing this policy on one country like U.S will be like doing nothing because the rest of the countries will be still using their greenhouses as usual. By simple calculation, if U.S adopts the policy and it can only manage to reduce 7% of the total problem then it will be like no solution has been found because the rest 93% will still be on air being produced by other countries such as Japan, India and China. Carbon tax does not aim at reducing or finding a solution to global warming challenge being experienced now. This policy only aims at increasing the technological advancement in which energy products will be affordable to a large population and reducing the environmental pollution. But claiming that the policy can be used to reduce the climate change problem affecting the environment in most developed and a developing country is not an actual solution (Tol 2009). Climate change is caused by human activities and if solution is to be found then the current approach is to be discarded and adopt a new policy which can work for everybody. The best solution to this problem is to come up with a strategy which will ensure that the green energy manufactures produce energy which can be affordable to most people and everyone would want to use it. And not the current solution which only incr...