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An Approach to Impose Environmental Tax on the Mitigation of Greenhouse Gas Emission
Abstract
In this paper, an idea to impose environmental tax on the basis of greenhouse gas emission has been developed. A linear non homogeneous equation has been used to describe the dynamics of concentration of greenhouse gases which involves a term for environmental tax. A formula has been obtained to calculate amount of environmental tax to reduce the concentration of greenhouse gases to some extent in prescribed time. For fair imposition of environmental tax a compartmental model has been constructed here. Some numerical simulation also has been done to describe the results of the analysis.
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