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Within economic literature, the topic of global warming and efforts to mitigate it are being thoroughly discussed. The ability for climate change to impact businesses and households globally has driven economists worldwide to develop policy proposals with carbon emissions reductions as a primary concern. This report discusses climate policy within the United States, the European Union and Australia with the intent of highlighting key difficulties associated with implementing climate policy. Australia receives particular attention in this report due its history regarding the implementation and repeal of a carbon tax. The cost-benefit analysis of the Australian carbon tax conducted within this report suggests the Australian government’s decision to repeal the tax was founded.
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Burnette, Siondueh D., "A Cost-benefit Analysis of the Australian Carbon Tax and the Economics of Climate Change" (2015). Senior Projects Spring 2015. 122.