Chapter 21 - Assignment 2: U.S. Policy and Global Warming
Chapter 21 - Assignment 2: U.S. Policy and Global Warming
Read Dale W. Jorgenson's testimony before the Senate Committee on Environment and Public Works on "The Economics of Climate Change."
- Why is it desirable that the proposed policy be implemented through international treaties?
- Is there an incentive for countries, particularly smaller, less developed economies, to be "free riders?"
- What is the advantage of using internationally tradeable permits rather than fixed standards?
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