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Economics Discussion

Why will voluntary actions, undertaken at the individual level, be unlikely to bring about significant reductions in greenhouse gases such as CO(2)?

Does the fact that the CO(2) produced in one nation results in adverse effects on other nations have any bearing on the likelihood that CO(2) emissions will be reduced to the optimal level? Would the problem be easier to solve if all the costs and benefits were concentrated within a single country? Within a single elevator or office?

The policy approach to greenhouse gases will almost certainly involve limits on emissions rather than taxes are likely to be used?

It costs about $80,000 per acre to create wetlands. How reasonable is this number as an estimate of what wetlands are worth?
Total 300 words limit.

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Why will voluntary actions, undertaken at the individual level, be unlikely to bring about significant reductions in greenhouse gases such as CO(2)?
Voluntary actions undertaken at the individual level will be unlikely to bring significant reduction in greenhouse gases such as CO(2) because decisions at the governmental level are important for controlling these emissions. Individuals do not have a significant say in the production of such gases, chlorofluorocarbons are the strongest greenhouse gas per molecule. Individuals do not have a say in the production of such a gas, however, the Montreal Protocol has had a strong effect in controlling it. Methane is created in rice fields, grazing animals, termites, coal mining, and oil and gas production. There is little that an individual can do much about it. Nitrous oxide is increasing and this is because of land-use conversion, fossil fuel combustion, soil fertilization and biomass burning. An individual cannot do much ...

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