INTL2260 Study Guide - Final Guide: Profit Maximization, Best Alternative To A Negotiated Agreement, Type I And Type Ii Errors
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7 Apr 2014
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Though some nations signed the kyoto protocol, very little has been done to ensure they meet the goals. The amount of pollutants a car let out is much less than in the past. Caa was not a gradual environmental movement; it was a radical thing that sought out to do something about the air that was in a critically bad state. Trade-able permits allowed a company to pollute the air, specifically with sulfur dioxide (which causes acid rain). For economic efficiency; company that can"t afford to improve technology can buy a permit from another company to pollute. For political reasons; the cap and trade was a compromise between the liberals and the conservatives. It must have worked pretty well because we don"t hear about acid rains that much anymore. Montreal protocol: there has been an observed degradation of the ozone layer due to release of cfc"s in aerosols and cooling of refrigerators.
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