Environmental Economics Exam

Refer to the above table. How much money was saved (between the two firms) to reduce emissions by 1 ton each by allowing for tradable pollution permits?:

An organisation should calculate the direct and indirect greenhouse gas emissions resulting from the emissions sources associated with its boundary. Greenhouse gas emissions from scope 1 and scope 2 emissions sources should be calculated in accordance with the methods and guidance provided in the NGER (Measurement) Determination. Scope 1 emissions a reporting company's direct emissions. Direct GHG emissions occurring from sources that are owned or controlled by the company (ie, sources within the organisational

a. Given the change in the value of the dollar between 2008 and 2009, as indicated in the table above, describe the effects this will have on United States tourism in each of these countries.

____ 16. If two goods are ____, then an increase in the price of one leads to ____ in the quantity demanded of the

Refer to Table 7-8. If Evan, Selena, Angie, and Kris sell the good, and the resulting producer surplus is $700, then the price per unit must have been

a) Draw and properly label the demand and supply graphs (this means you must label the axes and any lines you include on the graph).

Adriana Company is highly automated and uses computers to control manufacturing operations. The company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of computer-hours. The following estimates were used in preparing the predetermined overhead rate at the beginning of the year:

an emission standard of 5.2, but the average gross income is low manufacturer’s will be at a loss.

The cap on the market is set on carbon emissions, creating scarcity within the market. At the end of each year businesses within the scheme are required to ensure they have enough allowances to account for their installation’s actual emissions. Those firms that do not comply and pollute without sufficient permits are hit with heavy fines. (Euro 100 per ton). The aim of carbon trading is to create a market in pollution permits and put a price on carbon. In this way, policy can help internalise external costs of firms’ production and encourage lower emissions to tackle climate change. In a cap and trade system, the volume permits would gradually decline and total emissions, in theory, will diminish. The model of such can be shown as

Does the Department of Education (BOE) and Board of Nursing (BON) have representatives in congress to help change laws?

The total cost of fuel is $29793.35 and $117.76 per person. In terms of it’s environmental impact, the aircraft emits a total of 93875.92 kg, 371.05 kg per seat, of carbon dioxide as shown in in Table 3, page 5. The number of trees required to offset these emissions per year per person would be 16. The sedan consumes 8.38 L of fuel per hundred kilometer and if occupied by three passengers as stated in Table 1, each passenger consumes 2.793 L per hundred kilometer. The total cost of fuel consumption for the sedan would be $521.50, making it $173.83 per person. In terms of pollution, the sedan emits a total of 1159.97 kg of carbon dioxide. Thus meaning the emission per seat if three are occupied is 386.66. The number of trees required to offset these emissions per year per per person is 17. The van consumes a total of 18.19 liters per hundred kilometers and with eight occupants each person consumes 2.274 Liters per hundred kilometers. The total fuel cost for the trip would be $1131.99 making it $141.5 per passenger. In Table 3, it is calculated that the amount of carbon dioxide emitted from the vans journey is 2517.87 kg and 314.7 kg per passenger. The amount of trees that would be required to offset these emissions would be 14 per year per

1. (TCO A) Suppose you are hired to manage a small manufacturing facility that produces Widgets.

was 7,920 units. The company has provided the following data concerning the formulas to be used in its

Transportation off-site emissions are emissions that are generated from cradle to gate. The total emissions index is used to assess each alternative where overall emissions are divided into direct and indirect emissions. The direct emissions index, indirect emissions index, total emissions index and global emission index can be calculated using equation 1, 2, 3 and 4, respectively. Detailed information on calculating direct and indirect emissions can be found elsewhere (Marzouk et al., 2017).

Discuss the differences between the standard circular flow model and the broader ecological circular flow model.