Being a Carbon footprint consultancy In Dubai, these results support the need for some level of global price coordination. These price floors offer protection against competitiveness declines and ensure a certain amount of mitigation effort from players. Furthermore, the regime may be easily modified to incorporate emission trading schemes, carbon levies, or other strategies. The most pressing issue, though, is advancing mitigation policy at the federal level because carbon taxes may be exceedingly contentious politically. The Ministry of Finance must create more comprehensive and robust mitigation incentives by carefully crafting policy packages considering the political economy, distributional efficiency, and national efficiency.
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