In response to increasing concern about man made climate change, there have been a number of policy proposals. This includes: Cap and Trade Letting the free-market deal with the issue on its own. Pick one of these proposals. Write a short argument for your policy proposal. Focus specifically on the issues related to market efficiency and externalities. How does your proposal address these issues.

Fill in the blanks: There is ____________ in an economy with positive externality. This problem can be dealt with by providing a _______ to the individual(s) creating the positive externality.

If we are to take action against global warming we must reduce carbon emissions

In at least 150 words, answer the questions below. What difficulties occur when government attempt to use Ligurian taxes/ subsidies to address externalities.

jelasin Screening market and sites step 1-4 menggunakan bahasa indonesia

In environmental economics: Suppose that society wants to reduce the quantity of discharged residuals into the natural environment, what are 3 ways to do so? What are some obstacles that could be associated with each one?

What are market failures? Discuss examples of market failures. What can government do to improve the results of market failures?

Lucia is waiting in line to receive a free t-shirt at a charity event. Because the shirts are free, there are many people in line, and a long wait time is expected.   Consider the following sentence: By waiting in line for the shirt Lucia will miss an appointment to tutor an economics student, for which she would have been paid $30.   Which basic concept of individual choice does this sentence best illustrate? A. Externalities are a shortcoming of the market.   B. Many decisions are made on the margin.   C. People usually exploit opportunities to make themselves better off.   D. Opportunity costs and money costs (price) are related but are not always exactly the same.

It is all about the The Black Rhino. The black rhino is one of the most endangered species on the planet. In southern Africa in 1970 there were 65,000 Black Rhinos. Now there are only 2,500. Basic economics tells us why they are in trouble and what we can try to do about it. Why do people kill the black rhino? Because they can make a lot of money relative to the risk of getting caught - just like drug trafficking and lying on your taxes. In Asian communities the horn is viewed as an aphrodisiac and a powerful pain reliever. In Yemen sabers are made from them. As a result one horn can fetch $30K on the black market. The average yearly income in southern Africa is $1,000 and falling. The black rhino is worth more dead than alive. This is a market that does not correct itself. Another piece of this, that is common to many environmental challenges, is that most black rhinos are communal property, not private property. Imagine if all the black rhinos were in the hands of one rancher – would…

Left to its own devices, a free-market economy will not result in the level of environmental quality that people want.  Firms pollute, and people make expenditures without concern for environmental consequences.  We need some level of government intervention to ensure those decisions take account of other people’s concerns.  However, regulation cost tax dollars and is an infringement of liberty. How can we determine how much environmental quality we want and what is the best way of getting it?