ENV100Y5 Lecture Notes - Contingent Valuation, Net Present Value, Municipal Solid Waste
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ENV100Y5 Full Course Notes
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But: is this possible considering the effect of the economy? global warming (mainly due to energy which is needed to produce goods and services which are in turn needed for economic growth) 2 views: pessimistic cannot grow at 6%!!! Any good economist should be green - actually all about good economic decisions. Environmental statistics. use of energy is nb contribution to global warming. Energy use per capita is more than world average. South africa is much more energy intensive than many other countries: sa one of biggest contributors to co2 emission. Reason: energy is still very (too?) cheap in sa. Most of our electricity is supplied by burning coal (lots of coal in sa) The low price = wrong incentive to use a lot if we can get input prices right, can be more competitive on international level do this by keeping energy prices low. But: energy prices should go up to balance externalities: sa has very limited water available.
