In an effort to counter the release of carbon dioxide by power plants in the

Chapter 1, Problem 1.24D

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In an effort to counter the release of carbon dioxide by power plants in the United States, one thing that is being considered is that power plant owner’s be allowed to invest in forests and trees that convert carbon dioxide to oxygen. Discuss the issues of the proponents and opponents to what is sometime referred to as a “carbon tax.” What are your opinions regarding the advantages and disadvantages of the government providing incentives (tax breaks) for certain actions? Can these incentives be gamed, i.e., interest and competitiveness created and made an activity that companies participate in.?

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