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TAXATION & PERSONAL FINANCE QUESTION 1 - Critically evaluate the current debate in the UK on 'Green Taxation' QUESTION 2 - In addition to your own finance, and money from family and friends, explain and illustrate the other methods you would consider for financing a new business venture Question 1 Introduction The warnings about the urgency of global warming have recently and rapidly gained momentum, urging governments to take action without delay. Yet the debate over what instruments to, and to not, use to protect the environment may hinder the hurry to combat rising pollution, most notably of which is climate change. As the most currently released report on global warming - by former World Bank chief economist Nicholas Stern - points out, green taxes are a viable option (Stern 2006 p.18); however, taxes are "more visible than other policy instruments" (OECD 1997 p.10) so they attract the bulk of the discussion. The first...

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