Climate_Change

Climate_Change - Climate Change More on Mitigation How...

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Climate Change More on Mitigation
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How Would a Carbon Tax “Green” the U.S Economy? Suppose that Congress did enact a $35 a ton of carbon dioxide tax How would this incentive affect our economy’s carbon content? Short run versus long run adjustment on the supply and demand side
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Household Behavior Carbon Emissions from: A. Transportation B. electricity C. Home heating D. Consumer products
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Transportation Households might move closer to public transit and place of work Walk and bike more Demand a “greener” vehicle This last effect will stimulate innovation, assume a fixed cost = $F for developing a green car; Profit maximizer will create such a vehicle if prob*N*p F > 0 Shipping of inputs and output; airplanes and trucks versus railroads ---- Warren Buffet’s recent investments
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Residential, Commercial and Industrial Electricity Demand In states such as Missouri where the power is generated by coal fired power plants, electricity prices could rise by 30% or more
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This note was uploaded on 11/12/2010 for the course ECON M134 taught by Professor Bresnock during the Spring '08 term at UCLA.

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Climate_Change - Climate Change More on Mitigation How...

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