EESC BC 1001x Lecture Notes - Lecture 15: Pigovian Tax, 2015 United Nations Climate Change Conference, World Map
15 Nov 2016
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Pigouvian taxes, cap and trade policy, property rights and market failures. Supreme court deals setback to obama"s power plant regulation. Paris climate change conference: cop21 | cmp11. World map of potential vulnerability to climate change. Us and western europe is least vulnerable. Solar radiation passes through the atmosphere- incoming solar radiation: About half of the solar radiation is absorbed by the earth"s surface- absorption solar radiation: 168 watts/m2. Some of the solar radiation is reflected by the atmosphere and the earth"s surface- outgoing solar radiation: 103 watts/m2. Radiation is converted to heat energy, causing the emission of longwave radiation back to the atmosphere. Some of the infrared radiation is absorbed and reemitted by the greenhouse gas molecules. Some of the infrared radiation passes through the atmosphere and out into space- outgoing infrared radiation. China, developing countries crying foul over un climate change summit in bonn.
