Nat360 0 Posted July 12, 2021 Report Share Posted July 12, 2021 Hi. I am currently working on a practice IA and needed some help. For my IA, I have chosen an article that essentially talks about a fossil fuel rebate and how it should be removed. So far I have written that the fossil fuel industry causes negative externalities and the removal of these rebates would help reallocate resources for incentivizing more sustainable methods. I know that rebates are essentially subsidies given to consumers to increase consumption, however I am stuck on the diagram as I am confused on how rebates affect the diagram. Would you please help me? Thanks in Advance Reply Link to post Share on other sites
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