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July 29, 2014

Homework Help: ECONOMICS PLEASE PLEASE HELP!!

Posted by John on Saturday, November 6, 2010 at 7:20pm.

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

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