Making Carbon Markets Work
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1) According to the author, why do climate friendly fuel alternatives have little hope of acceptance?
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2) Why does the author believe that the managing of carbon pollution need to be a worldwide effort?
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3) How does the clean development mechanism work?
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4) Why did the Kyoto Protocol never reach its full potential?
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5) What has the EU done to reduce emissions?
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6) What is an emissions credit?
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7) What decision must a company make about its credits?
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8) What will cause permit prices to rise?
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9) What will cause permit prices to fall?
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10) What happens if too many credits are given by the government?
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11) What is HFC-23?
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12) What problem has been found in managing HFC-23 emissions in the developing world?
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13) The authors proposed a tax on carbon dioxide emissions. Explain their reasoning for imposing a tax, rather than using the cap and trade system.
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14) How do the authors propose that Congress should happen credits for a US based cap-and-trade system?
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15) According to the authors, what responsibility should industrialized nations take in efforts to reduce emissions?
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