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- Drawing on John Rawls’s concept of the veil of ignorance, develop an ethical code that will (a) guide the decisions of a large oil multinational toward environmental protection and (b) influence the policies of a clothing company in their potential decision of outsourcing their manufacturing operations.oil abundance keeps a country from making the switch to renewable resources even after the supply of oil is depleted. Show the Marginal Cost curve of a renewable resource that the country would have switched to if not for the cheap prices of oil. Use model 7.2 sd1 is long run domestic supply curve sd2 dometic supply curve Pw1 observed world price Pw2 includes vulnerability premium Pw3 adds in the per unit climate change damagesAssume the following: A community, Manatee, has a small groundwater aquifer, with water to allocate over 2 years. Assume that this resource is non-renewable. Each year is labeled Period 1 and 2, respectively. Use 2 decimal places throughout your work. Water reserves = 12,000 litres, to be allocated over Period 1 & Period 2 Interest rates are at 8% Marginal Benefits: MB1 = 5000 - ½Q1 , MB2 = 5000 - ½Q2 Marginal Costs of extraction: MC1 = 120 , MC2 = 120 (a) What is the optimal allocation of water, under a static efficiency allocation, for both periods? (b) What should the dynamic optimal allocations be (quantities and prices) in Period 1 and Period 2?
- There are actually many economic / environmental theories, some now put into practice, that protect the environment for the sake of nature and our future while still being economically productive. Such a strategy is referred to as: Question 1 options: ecologically sustainable culture gesellschaft environmental lag laissez-faire capitalism When it comes to Environmental issues world governments are beginning to recognize that: (Only one answer is true when you complete this sentence) Question 2 options: certain environmental issues such as global warming, deforestation, and overpopulation require regional, if not global, cooperation and dialogue. that someday, somewhere in the world, we will begin to experience serious food and water shortages. the the developing 3rd World countries will have to play a far more important role in world…Free-market environmentalism has the potential to improve environmental outcomes A. Because it forces individuals to cooperate with each other toward a common goal B. Because it relies on already existing markets to address environmental issues, thereby reducing transaction costs C. Because it recognizes the importance of aligning incentives of stakeholders D. Because it rejects the constraints of the Coase Theorem E. Because its goal is to maximize corporate wealth, which promotes environmentalism and improves environmental outcomesWhich of the following statements is a challenge to the use of natural gas? a. Fracking has decrease supplies of natural gas. b. Its use results in higher carbon emissions than the use of coal. c. It has higher levelized cost than nuclear energy. d. Its use results in higher methane emissions than the use of coal.
- The four categories present potential responses to environmental problems. Place each response in the category that best matches it. It is possible that a category may end up with more than one scenario or none at all. Command‑and‑control regulation (e.g., environmental standards) Marketable or tradable pollution permits (e.g., cap‑and‑trade) Pollution or emissions tax Well‑defined property rights The government requires that auto manufacturers limit pollution to a specified threshold. An auto manufacture is charged a fee per unit of pollution emitted into a river. Auto manufactures are allowed to pollute as much as they wish, provided that they have purchased a sufficient number of pollution vouchers. The government requires that auto manufacturers use new, cleaner technology in producing cars. A steel mill pays nearby homeowners to compensate them for the noise they must put up with as a result of the steel manufacturing process.Happiness, human rights, justice and equality are few of the ideas in ethics that have certain relation to our environment and to future generations. On this period of pandemic, as a student, what do you think is the most extreme environmental problem in our country? What role should business play in addressing them? Support your argument.A farmer in rural South Africa observes that the quality of her soil is degrading and preventing her from maximizing yield. As a result, she decides to incorporate new techniques including applying compost, rotating crops, and stopping tillage. What kind of agriculture is this farmer implementing? Conventional agriculture Modern agriculture Conservation agriculture Factory farming Although conservation agriculture provides several benefits, what is one primary reason that farmers may be reluctant to adopt those practices? Yield decreases over time Intensive labor requirements Requirements of an irrigation system Heavy reliance on synthetic fertilizers Under the Kyoto Protocol, if France built a solar power plant in Senegal and then claimed “carbon credits” for reducing global carbon dioxide emissions from energy production in sub-Saharan Africa, this would be an example of:…
- Compare and contrast the following concepts and indicate their implications: in the context of city formation, external economies of scale in production vs economies of scale in production cheggCapitalist development expresses itself in environmental imbalance and ecological disasters' (Koch 2012)Critically discuss and analyse this statement, providing the "pros' and 'cons' and relevant examples.What missing elements would need to be supplied to create an efficient market in water in California?Choose one or more: A.Ownership rights for surface water B.Ownership rights for groundwater C.Better means of transporting water over long distances D.More reservoirs to store captured water E.Centralized water-trading exchanges F.Removal of legal barriers to selling unused water Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.