EESC 1174 Lecture Notes - Lecture 15: Externality, 2015 United Nations Climate Change Conference, Carbon Footprint
20 Jun 2016
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A: examples for alternative energy to take off, its got to get cheaper. Man on the moon initiative: us spending on energy has been very little. C. 3. pails in comparison to defense spending yet we call climate change a security risk this is true for countries across the globe. Regulation: auto milage standards, downside - can create reverse incentives. E. regulation can also help encourage us to do what makes long term sense for distance savings and not get fixated on short term costs: also politically easier since you do not need approval form congress. Putting a price on carbon: gov ensures that everyone pays the full social cost of their carbon emissions. B. who pays for it? could be producer refiner gas station it will all get passed on to the con- sumer: 2 signals to send. C. 1. consumers will see which goods and services have high carbon content and should be use sparingly.
