Carbon tax 

Is defined as a tax charge applied to carbon emitting fuels such as coal, oil and natural gas. 

Watch the videos below: 

Questions: 

1. Explain how the introduction of a carbon tax is being used to overcome a negative externality? 
2. Brainstorm five economic implications of the sugar tax
3. Write down the pros and cons of carbon taxes
4. Should carbon tax be increased or decreased? 

Carbon tax Budget 2023