ENVR 201 Lecture Notes - Lecture 18: Price Floor, Ocean Acidification, Price Ceiling
Document Summary
Information: one tonne challenge effort to encourage households to reduce their co2 emissions to one tonne per year. Cap and trade (cap on taxis, not good for taxi drivers if too many) Regulation (fishing seasons, what type of equipment you can use, create reserves. Subsidies in investment for insulating your house, efficiency (water, heater) Subsidise dis-investment so people get rid of their bad polluting cars and exchange them for more energy efficient ones. Key to overcoming society"s challenges in achieving sustainability. Most popular answer was education but it is in fact not the most relevant one. Several attempts to reduce emissions unsuccessfully; in fact they continued increasing until . Global economic crisis is the one thing that succeeded in reducing our emissions considerably (global recession) but it is not a policy. After the recession, we didn"t recover fully; still lower (bc implemented carbon class) Costs are all yours and you cannot have an effect.