Which of these is a weakness of the Paris Accord O No binding emissions reduction targets were agreed on O Carbon trading systems were preferred over taxes O The US did not sign on to the Accord Most countries did not set emissions targets
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- Economists offer two major potential policies to reduce our greenhouse gas emissions: pollution taxes and cap-and-trade programs. Which do you think would be most effective at reducing emissions? Discuss the pros and cons of each, as well as the difference between the two policies.how can gradually rising fees on all carbon emissions, whose proceeds are returned directly to the American people through quarterly dividend checks Cut Emissions Without Wrecking the Economy?"The use of economic instruments (such as emissions charges and emissions trading system) in environmental policies is not effective and weakens our traditional protection of the environment. Command-and-control is cost-effective environmental policy to deal with environmental problems." Discuss.
- These refers to the full spectrum of natural resources that are most often negatively affected by economic activities. a. International externalities b. Biodiversity c. Climate change d. Global warmingMarketable permits work best when..: A. They are mandated by the federal government. B. Four or five thousand parties are interested in trading. C . A few dozen or a few hundred parties are highly interested in trading. D. Five firms are polluting and are willing to trade pollution permits.Suppose a country has two airlines. One is a small domestic airline that uses modern airplanes with lower CO2 emissions, and the other is a large international airline that uses older jumbo jets carrying hundreds of people at one time. A carbon emissions tax on airlines would be more efficient than a strict limit (command and control) on the total amount of carbon emissions each airline can produce. Two reasons that support this statement are: a. A carbon emissions tax would a.allow the larger airline to continue using its less efficient airplanes b.not allow the large airline to continue using its less efficient airplanes . b. A command-and-control policy would likely a.allow the larger airline to continue its service. b.force the larger airline to curb its service.
- The most efficient way to get firms to reduce pollution is to A set a uniform emissions standard and require all firms to meet the standards B make the worst polluters shut down and go out of businesses C make them pay for the social cost of production and let them decide how to respond to the higher costs D Provide firms and consumers with the information about the effects of their actions and encourage them to behave responsibly Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completelyWhat advantages and disadvantages do you see in using acap-and-trade system to reduce greenhouse gas emissions?What pros and cons do you see in using carbon taxes toachieve this goal? What do you think of the idea of a revenueneutralcarbon tax? If you were a U.S. senator, what type ofpolicy would you support in order to address emissions in theUnited States, and why?Consider the main approaches to environmental policy— lawsuits, command-and-control laws and regulations, and economic policy tools. Describe an advantage and a disadvantage of each. Do you think any one approach is most effective? Could we do with just one approach, or does it help to have more?
- With the aid of diagrams (where relevant) discuss how each of the following “market mechanisms” work and will lead to reduced carbon emissions: a. Pigouvian Tax. b. Cap and trade system. c. Benchmark and credit system. What are the advantages and disadvantages of each? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Explain the difference between regulating emissions via fees vs. standards. Which of the two would be more efficient if there are large differences between the firms’ marginal costs of abatement.Classify the following pollution-control policies as command-and-control or market incentive based. a. A state emissions tax on the quantity of carbon emitted by each firm. b. The federal government requires domestic auto companies to improve car emissions by 2020. c. The EPA sets national standards for water quality. d. A city sells permits to firms that allow them to emit a specified quantity of pollution. e. The federal government pays fishermen to preserve salmon.