Any thing Essay Example | Topics and Well Written Essays - 250 words

Any thing - Essay Example This would mean that the household and the industrial income would not be reduced by the execution of this policy, only that the income will be redistributed from the industries and households that cause high carbon emissions. Further, the lump sum generated will be such high, such that just half of the amount could be applied towards eliminating major challenges in the third world countries, such as offering clean drinking water, providing education, sanitation and health services (Fog, 8). Therefore, the prospects of this policy is to achieve double benefits through mitigating the impact of global warming, while at the same time ensuring that the third world countries benefit from the eradication of major challenges facing them. The policy proposes that instead of hindering social spending, the prospects of the policy facilitate social spending through abating the social challenges faced by the third world countries (Fog, 10). The double benefits obtainable from the execution of th is policy make it the best for combating global