Asked by Evans Aidoo on Jul 04, 2024
Verified
According to many economists,the government should:
A) reduce the level of carbon emissions as far as possible.
B) use policies to achieve the optimal level of carbon-emissions reduction in the least costly way.
C) set policy to achieve the efficient level of pollution by reducing the costs of pollution,which will always increase the benefits to society.
D) reduce carbon emissions whenever the marginal cost exceeds a predetermined level set by the courts.
Carbon Emissions
The release of carbon dioxide and other carbon compounds into the atmosphere, contributing to climate change.
Optimal Level
The most efficient, effective, or desirable point or state for achieving a specific goal or outcome.
Costs of Pollution
The economic, health, and environmental damages caused by the emission of pollutants.
- Acknowledge the mechanisms through which state policies can effectuate the supreme mitigation of pollution in a manner that is financially viable.
Verified Answer
Learning Objectives
- Acknowledge the mechanisms through which state policies can effectuate the supreme mitigation of pollution in a manner that is financially viable.
Related questions
(Figure: Three Firms That Pollute)Use Figure: Three Firms That Pollute ...
Automobile Emissions Generate Pollution,have Health Costs for Pedestrians,and Cause Discomfort ...
The Marginal Social Cost of Pollution Rises as the Quantity ...
The Economically Efficient Level of an Externality Is Zero
The Optimal Level of Emissions of Most Pollutants Is Zero