Evaluating Environmental Policy Choices
A government is debating two different approaches to lower national carbon emissions. The first approach is to launch a nationwide public information campaign encouraging citizens to voluntarily use less energy. The second approach is to implement a direct tax on every ton of carbon emitted by industrial facilities. From the perspective of a strategic model of environmental policy, which of these two approaches is a better example of a 'Restrict' strategy? Justify your evaluation by explaining the key characteristics of this type of strategy.
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