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Chapter 31: Q. 31.3LO (page 692)

Describe how governments are trying to cap the use of pollution-generating resources

Short Answer

Expert verified

Breezes can grab radioactive particles that's been spilled inadvertently from such a nuclear reactor or distribute it across the globe

Step by step solution

01

Introduction

Polluted air seems to of been a serious phenomenon. Since urban seem often worse contaminated as rural regions, smog might migrate even isolated areas where almost no one dwells. Its Pacific Ocean is really a large accumulation of micro - plastic bits there in midst of the north Pacific Ocean.

02

Given Information

Groundwater are necessary for the body, form self germs big cetaceans. Every living creatures be affected when all these supplies are damaged.

03

Explanation

  • Garbage is conveyed through gas and liquid flows. Seafaring waste is spread considerably farther in to seas with fluxes and wandering fishes. Breezes can grab radioactive particles that's been spilled inadvertently from such a nuclear reactor or distribute it across the globe.
  • The smog of one country's factory flows into some other.

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Most popular questions from this chapter

Take a look at Figure 31-2. Suppose that initially, society experiences a degree of air cleanliness that is lower than Q0. What would be true of the marginal benefit in relation to the marginal cost, and why would this fact induce society to increase the degree of air cleanliness toward Q0?

Should policymakers impose additional costly anti-plastics pollution requirements if the marginal benefit of pollution abatement currently equals the marginal cost? Explain.

The market price of insecticide is initially \(10per unit. To address a negative externality in this market, the government decides to charge producers of insecticide for the privilege of polluting during the production process. A fee that fully takes into account the social costs of pollution is determined, and once it is put into effect, the market supply curve for insecticide shifts upward by \)4per unit. The market price of insecticide also increases, to$12 per unit. What fee is the government charging insecticide manufacturers?

Under an agreement with U.S. regulators, American Electric Power Company of Columbus, Ohio, has agreed to offset part of its 145million metric tons of carbon dioxide emissions by paying another company to lay plastic tarps. These tarps cover farm lagoons holding rotting livestock wastes that emit methane gas 21times more damaging to the atmosphere than carbon dioxide. The annual methane produced by a typical 1,330pound cow translates into about 5metric tons of carbon dioxide emissions per year.

a. How many cows' worth of manure would have to be covered to offset the carbon dioxide emissions of this single electric utility?

b. Given that there are about 9 million cows in the United States in a typical year, what percentage of its carbon dioxide emissions could this firm offset if it paid for all cow manure in the entire nation to be covered with tarps?

Who ultimately pays to address costs of negative externalities created by government agencies such as the EPA when they accidentally release pollutants into the environment?
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