Germany is trying to lower its CO2 emissions by phasing out coal-based electricity production through the forced closure of coal power plants. Why is this policy, even if it is successful in lowering Germany’s CO2 emissions, unlikely to result in lower emissions at the European scale? a) this policy does nothing to address the emissions from the transportation sector, which far outweigh those of coal b) CO2 produced in Germany stays in Germany, and thus has no bearing on the European scale c) Germany has already made substantial reductions to its CO2 output, so that it is a small player on the European scale d) Germany is a member of the European Emissions Trading System (ETS), which sets a binding cap on greenhouse gas emissions e) coal power production in Germany has become extremely efficient, so that its CO2 footprint is insubstantial

Micro Economics For Today
10th Edition
ISBN:9781337613064
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter14: Environmental Economics
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Germany is trying to lower its CO2 emissions by phasing out coal-based electricity production through the forced closure of coal power plants. Why is this policy, even if it is successful in lowering Germany’s CO2 emissions, unlikely to result in lower emissions at the European scale?
a) this policy does nothing to address the emissions from the transportation sector, which far outweigh those of coal
b) CO2 produced in Germany stays in Germany, and thus has no bearing on the European scale
c) Germany has already made substantial reductions to its CO2 output, so that it is a small player on the European scale
d) Germany is a member of the European Emissions Trading System (ETS), which sets a binding cap on greenhouse gas emissions
e) coal power production in Germany has become extremely efficient, so that its CO2 footprint is insubstantial

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