ENVS 2400 Study Guide - Final Guide: Carbon Price, Feedback, Environmental Policy

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Document Summary

Part 1: short answers (key terms: federalism: constitutional division of the canadian government into the federal government and provincial governments. Law and regulations, economic instruments, voluntary instruments: policy implementation: the process by which governments put policies into effect. This fourth stage involves executing the policy option selected at the decision-making stage: policy evaluation: the results of policies are monitored by both state and societal actors, leading to the reconceptualization of policy problems and solutions. 3. carbon pricing: a way to put a price carbon emissions by making those responsible for emitting carbon pay for the negative impacts. There are two common forms of carbon pricing: the cap-and-trade system and the carbon tax. The cap-and-trade system puts a cap or a limit on emissions and companies must meet the limit or purchase a permit to exceed it. The carbon tax is more direct and issues a tax rate on greenhouse gas emissions.