Economics 0455 · IGCSE · Market failure

Market failure — practice question

The table gives the harmful carbon dioxide emissions for a country in selected years, measured in millions of tonnes. Which action would probably have the biggest impact on cutting carbon dioxide emissions?

  • Aintroducing incentives to encourage manufacturers to reduce their emissions
  • Bproviding grants to fit solar panels to manufacturing premises
  • Craising taxes on petroleum and diesel fuel
  • Dsubsidising car manufacturers

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