Discuss the rationale and the theoretical underpinnings of the Carbon Tax and the Direct Action Plan.

Food Manufacturing (Australian) In particular, here is what you are expected to do: 1) Discuss the rationale and the theoretical underpinnings of the Carbon Tax and the Direct Action Plan. Compare them and their expected effects. 2) Choose a sector They have to be Australian due to the focus on comparing the two types of Australian climate change policies. —- (My Selected Sector is Food Manufacturing)!! 3) Carefully discuss the predicted climate change impacts of both the Carbon Tax and the Direct Action Plan in Australia on your chosen sector. 4) Identify various risks and opportunities for the chosen sector in a carbon-constrained world, i.e. the threats climate change is posing on your company/sector, and the potential ways that the company/sector could take advantage of the developments. 5) Based on your own research and understanding, outline appropriate adaptation strategies, and justify them.