15. What is the main aim of UNFCCC?

a) Stabilization of greenhouse gas concentration in the atmosphere
b) Increase in greenhouse gas
c) Increase in global temperature
d) Stabilization of oxygen

Booster class

Microeconomics

Skill

Understanding International Externalities

answer

watching

172

views

For unlimited access to Homework Help, a Homework+ subscription is required.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

Raushan RajLv8

29 Oct 2020

Unlock all answers

Get 1 free homework help answer.

Already have an account? Log in

Related questions

The New Zealand Emissions Trading Scheme (ETS) imposes a cap on greenhouse gas (GHG) emissions for all main emitting sectors except agriculture, which accounts for almost half of New Zealand's GHG emissions

1. Is the sector exclusion from the ETS efficient? (Think about what the relevant diagram would need to look like to justify the level of abatement required of the sector make sure to draw the diagram)

2. What does the exclusion of agriculture from the ETS imply in terms of the level of abatement required of the sector?

violetbuffalo377

Electricity that is supplied to the Australian market comes from a variety of sources including wind turbines (around 30%), gas powered generation stations and older coal fired stations that produce relatively large amounts of carbon dioxide, a major contributor to greenhouse warming and the production of airborne particles that results in asthma. Gas-powered electricity generation plants can be turned on and off at short notice.

Discuss how increased market power for gas-fired electricity producers may have led to higher electricity prices in light of the closure of a large but old coal fired âNorthernâ generation plant. What might be the implications of this development for the efficiency of the electricity market?

What is the government’s aim in setting quotas?

A) to create more competition in the market.

B) to increase sales of domestic goods.

C) to keep tariffs high.

D) to limit export of domestic goods.