Problem
Suppose that you are an economic-policy advisor. Environmental groups are pressuring you to implement the highest-possible carbon tax, while industry groups are pressuring you to implement no carbon tax at all. Both argue that their position makes more sense economically. Explain to them what the most-efficient tax level will be, and why there are costs to setting the tax too high or too low.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.