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Mark Lorenzo

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2023-05-05 20:07:53 -

International environmental issues
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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Mark Lorenzo

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2023-07-27 15:52:57 -

International environmental issues
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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Mark Lorenzo

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2023-02-20 17:47:53 -

The benefits and costs of US environmental laws
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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Mark Lorenzo

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2023-05-04 18:15:30 -

The benefits and costs of US environmental laws
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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Mark Lorenzo

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2023-07-26 20:06:55 -

The benefits and costs of US environmental laws
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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Mark Lorenzo

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2023-05-08 20:14:22 -

The tradeoff between economic output and environmental protection
Key points Depending on their income levels and political preferences, different countries are likely to make different choices about how to balance economic output and environmental protection. All countries benefit from making a choice that is productively efficient—that is, a choice somewhere on the production possibility frontier rather than inside it....

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Mark Lorenzo

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2023-07-28 20:15:43 -

The tradeoff between economic output and environmental protection
Key points Depending on their income levels and political preferences, different countries are likely to make different choices about how to balance economic output and environmental protection. All countries benefit from making a choice that is productively efficient—that is, a choice somewhere on the production possibility frontier rather than inside it....

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Mark Lorenzo

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2023-02-07 17:15:56 -

Types of market-oriented environmental tools
Key points The three main categories of market-oriented environmental policies are pollution charges, marketable permits, and better-defined property rights. A marketable permit program is a program in which a city or state government issues permits allowing only a certain quantity of pollution. These permits to pollute can be sold or given to firms free....

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Mark Lorenzo

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2023-05-03 20:55:50 -

Types of market-oriented environmental tools
Key points The three main categories of market-oriented environmental policies are pollution charges, marketable permits, and better-defined property rights. A marketable permit program is a program in which a city or state government issues permits allowing only a certain quantity of pollution. These permits to pollute can be sold or given to firms free....

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Mark Lorenzo

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2023-07-25 19:23:33 -

Types of market-oriented environmental tools
Key points The three main categories of market-oriented environmental policies are pollution charges, marketable permits, and better-defined property rights. A marketable permit program is a program in which a city or state government issues permits allowing only a certain quantity of pollution. These permits to pollute can be sold or given to firms free....

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