How do you feel about a move toward more localized economies as a solution to the problem of climate change that McKibben discusses in the Introduction, Ch. 3, and Afterword sections? Might such a move address any of the social or economic ills that you see in the news? What is the evidence of a move in that direction in your hometown? (For example, a farmers market, a grocery co-op, encouragement of bike commuting/bike sharing, etc.). How is such localization being embraced in your hometown? What else is possible?
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- What do economists call the costs of climate change imposed on the rest of the world by the production of a product? tragedy of the commons an externality a carbon tax a market failurePenelope decides to reduce her meat consumption, a form of: Food waste consumption Plant-based fortification Climate change mitigation Climate change adaptation A climate _____ practice would be if homeowners installed solar panels on their houses, while a climate _____ practice would be homeowners who live on the coast raising their houses on stilts. Security, adaptation Adaptation, mitigation Mitigation, security Mitigation, adaptation After a significant rainstorm, a farmer decides to take his tractor onto his fields and begin plowing, causing it to become compacted and suffering from poor drainage. This would be an example of which kind of soil erosion? Physical erosion Wind erosion Water erosion Chemical erosionExplain how our economies exist within the environment and how economies rely on ecosystem services
- If we are to take action against global warming we must reduce carbon emissions1) Identify a concept on your own from Douglas North and explain it in your own words. You need to CLEARLY identify the source (i.e. name of the book and page, or link of the video and time, or name and link of the website). (one paragraph) 2) How would you use this concept to explain an observation in your life, a historical event, a cultural norm or institution, a local/international problem, create a solution to an environmental issue, or to create a business opportunity? (one paragraph)Imagine you are working as a climate advisor to the federal government and they want to craft a bill to drastically reduce methane emissions in America. Which of the following policies would you recommend to them as the most effective in reducing methane? a. federal and state funding being directed to the western states for large scale forest management and fire prevention b. incentive programs to reduce meat production and consumption, while additionally subsidizing alternative diet options c. a nationwide waste management program focused on composting organic material to divert waste from landfills d. incentivizing solar panels to allow for affordable renewable energy that is competitive with market pricing for energy]
- What makes climate change an economic problem? And if it is, how should policy dealwith it?Your answer should include reference to at least three of the following aspects of theproblem:a) Climate change as an externalityb) A carbon tax vs. cap and tradec) Cost-benefit analysisd) Assessing costs to future generationse) Environmental dynamicsWhat Enviornment and climate change program has been initiated and implemented by the govenment of Pakistan for the fiscal year 2021-22? Explain.Illustrate the potential economic and financial effects of climate change
- QUESTION 3 This image displays the production possibility frontier (PPF) for a country's choices between economic output and environmental protection. If the Country chooses Point M, what can you interpret about this choice? The Tradeoff between Economic Output and Environmental Protection Economic Output Select the correct answer below: a M R Environmental Protection S T This choice represents a high level of economic output but very little environmental protection. This choice is productively inefficient. This choice requires equal amounts of economic output and environmental protection. This choice represents a low level of economic output and a high level of environmental protection.Companies often choose to build plants compliant with stricter environmental standards when they locate in low-income countries with lax environmental standards. This is because Select the correct answer below: they want to improve the living conditions of people living in these countries designing an industrial plant is a complex and costly task, and so if a plant O works well in a high-income country, companies prefer to use the same design everywhere they want to show local companies that the environmental issues caused by production should be taken seriously and dealt with appropriately they want to have a better record of compliance with environmental laws than do locally-owned plants.please help me with the questions below: Explain why it is difficult to estimate the value people place on environmental goods, thebenefits they receive from cleaner air and other services of nature. How might you calculate WTP or MWTP for an environmental good? Distinguish between use and non-use value.