ECON 2D03 Lecture Notes - Lecture 2: Endangerment
Document Summary
Use the efficiencies of the marketplace, work are less expensive than standards regulation, do not stifle tech change, encourage research and the development of new pollution control tech. Serious phenomenon: 2001-2010: hottest decade in recorded history, 2012: hottest year on record in the us. Efforts are now made to address global warming: too late to reverse future catastrophic results, can prevent additional catastrophes from occurring. Greenhouse gases: emissions that contribute to globale warming, carbon dioxide. Japan, 1997- treaty designed to reduce global warming: require industrial countries to substantially reduce industry-generated heat trapping gases that cause global warming. President bill clinton: voiced his support for the kyoto accord. President george w. bush: 2002, acknowledged that human activity is indeed causing global waming, opposed the kyoto treaty, refused to sign it, support voluntary restraint among u. s companies. 2003, environmental protection agency (epa: carbon dioxide was not even a pollutant.
