ECONOMICS PLEASE PLEASE HELP!!
posted by John on .
Lots of folks these days believe that CO2 emissions generated by human actions --- notably production of goods and services --- are causing climate change, more specifically, global warming. For the sake of dialectic discussion, let's suppose that claim is correct.
If it is true that production of goods and services via voluntary exchange is generating the world's largest and most significant negative externality, does it follow that government must therefore regulate CO2 emissions?
In a brief essay, argue yes or no, based on economic thinking and logical analysis
I believe government should regulate carbon dioxide emissions.
Check these sites for arguments on both sides of the question.
but is it desirable economically??
It depends upon your time frame. Right now it may not be economical. But looking toward the future, it's definitely economical, considering the problems we face if we permit CO2 emmissions to continue.
what woould be the back up reasons to why its not econoomically desirable?
Check the websites I posted above.
it doesnt tell me anything about economically