Reference no: EM131295662
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Assignment:
Page 410&411 of Parkin's 12th Edition of Microeconomics discusses managing carbon emissions.
Discuss:
1) Will the need to reduce greenhouse gas emissions such as carbon dioxide kill certain industries?
2) What happens to a utilities Marginal Costs (MC) as they are compelled to reduce carbon emissions?
3) Does burning coal positively or negatively impact Marginal Social Costs (MSC)?
4) What are the likely long term outcomes if carbon emissions are NOT reduced?
Make sure that you:
1) Introduce your topic.
2) Answer the questions.
3) Conclude and summarize your thought(s) on the subject.
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