Question

In: Economics

Should there be a universal international standard for carbon and pollution emissions such as the Paris...

Should there be a universal international standard for carbon and pollution emissions such as the Paris Climate Accord? To what extent should economic factors (developing vs. developed conditions) and culture be considered when solving issues that span or cross national borders?

Solutions

Expert Solution

Yes, there is a need for universal international standard for carbon and pollution emissions. This is because pollution is a global problem and all nations need to join hands in this together to tackle it effectively. Simply making some countries do the effort while others wait and watch would not solve the problem and only aggravate in the future.

However, it is to be noted that all countries need not make the same efforts and these efforts should only be in lines to their current status. The developed countries who are also the major polluters need to make more efforts and the developing ones also need to do more but not the same as development ones. The non polluting small nations should extent help to the needy nations on how they are tackling the problem.

Thus, various factors like status of country, population and pollution levels emitted, past history of pollution and steps taken in the past to beat the problem etc. Need to be considered when solving issues in cross national borders.


Related Solutions

Should the government or an industry association regulate the carbon emissions of the data center industry...
Should the government or an industry association regulate the carbon emissions of the data center industry as they do the airline industry?
The sample data of EU carbon dioxide emissions has a mean of 7.5 and standard deviation...
The sample data of EU carbon dioxide emissions has a mean of 7.5 and standard deviation of 3.5. a.Finland’s observation was 11. Find its z-score and interpret. b. Sweden’s observation was 4. Find its z-score, and interpret. c. The UK’s observation was 7.5. Find the z-score and interpret. d. Germany’s observation was 14.5. Find the z-score and interpret.
Discuss how to implement a cap and trade program for carbon emissions in electricity. Who should...
Discuss how to implement a cap and trade program for carbon emissions in electricity. Who should get the permits and who would benefit in that situation?
Explain how a technology standard is different from an emissions standard? Why an emissions standard in...
Explain how a technology standard is different from an emissions standard? Why an emissions standard in general incurs a lower abatement cost to achieve a pollution target than a technology standard? Also explain why a technology standard in general has lower enforcement costs than an emissions standard. (20 pts)
In the Emissions Scenarios Step, _____________ predicts the impact of future carbon dioxide emissions based on...
In the Emissions Scenarios Step, _____________ predicts the impact of future carbon dioxide emissions based on the dynamics of population, wealth, technology and energy. the IPAT equation the damage function the carbon equation the climate sensitivity function
Describe the key symmetry between a pollution emissions tax and an emissions trading scheme. Outline some...
Describe the key symmetry between a pollution emissions tax and an emissions trading scheme. Outline some reasons you might wish to choose one approach in favour of the other when dealing with an emissions-reduction problem.
How to reduce Carbon Emissions while Excavating?
How to reduce Carbon Emissions while Excavating?
Truck pollution: In an experiment to determine the effect of ambient temperature on the emissions of...
Truck pollution: In an experiment to determine the effect of ambient temperature on the emissions of oxides of nitrogen (NOx) of diesel trucks, 10 trucks were run at temperatures of 40°F and 80°F. The emissions, in parts per billion, are presented in the following table. Truck                         40° F                              80° F 1                                 834.7                             815.2 2                               753.2                               755.2 3                                855.7                             812.6 4                              901.2                               797.1 5                                785.4                              744.3 6                                862.9                              819.5 7                                882.7                              783.6 8                               740.3                               694.5 9                              748.0                                 732.9 10                           848.6                                  794.7...
What are the pros and cons of regulating pollution by an Emissions Charge rather than an...
What are the pros and cons of regulating pollution by an Emissions Charge rather than an Emissions Standard?
What is the difference between an emissions standard and an ambient standard?
What is the difference between an emissions standard and an ambient standard?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT