Imagine that you are listening to a presidential debate and thetopic of energy policy is brought up. Three possible viewpoints arepresented: (1) the government should not interfere with energychoice and allow the free market to dictate which energy productsare used, (2) non-renewable fossil fuels that produce more carbonemissions and harmful byproducts should be taxed to reflect theirtrue environmental costs and the proceeds should supportenvironmental clean-up efforts, and (3) producers of renewableenergy should receive tax breaks to better compete with producersof non-renewable energy that are currently less expensive. Which ofthe three strategies would you support and why?
