Key points
Certain global environmental issues, such as global warming and biodiversity, spill over national borders and will need to be addressed with some form of international agreement.
Biodiversity is the spectrum of animal and plant genetic material.
International externalities are externalities that cross national borders and that cannot be resolved by...
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Passionate about ocean life, a filmmaker sets out to document the harm that humans do to marine species - and uncovers alarming global corruption.
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Key points
Taken as a whole, the benefits of US environmental regulation have outweighed the costs.
As the extent of environmental regulation increases, additional expenditures on environmental protection will probably have increasing marginal costs and decreasing marginal benefits.
This pattern suggests that the flexibility and cost savings of market-oriented...
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