Emission trade or carbon tax?

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Emission trade or carbon tax? is a page about the big picture of the international measures of climate change mitigation. The economic measures that have been suggested fall into two broad categories: emission trade systems where each polluter needs emission quota, which can be bought from emission markets. Carbon tax is a method to put tax on fuels and other products containing carbon. Both economic measures have good and bad properties. This assessment tries to understand when and how these measures should be used.