- The_______ hypoythjesis argues that pollution taxes could not only reduce pollution but could also reduce taxes on capital and labor thus making the whole economy operate more efficiently
- The higher the discount rate, the ___ the value of benefits received in the future
- proving the typical person alive in the future with a standard of living, including both material and environmental welfare, at least as high as that enjoyed by the typical person today is one way to define
- Taxing solid waste disposal now and setting aside the generated funds to build new water supplies later should contamination develop, is an example of the ______
- Neoclassical economist discount the futuure net benefits of investing in environmental protection projects to reflect the opportunity cost of the foregone earnings from alternative investments
- Economist know that people in general are ____ meaning they dislike risky situations
- The ___ effect refers to a desire to consume something because others are as well, in order to conform to a social norm, the ____ effect refers to the desire to do or consume something because others aren't
- ___ goods include tomatoes, VCRs and basketball shoes. _____ goods include clean air, charitable deeds and the view from the mountain top
- In Us courses a risk level of 1 in 1 million is considered ___ . A risk level of 1 in 10,000 is considered ___
- A ___ standard remains the stated goal of much environmental policy
- The 3 categories of values from environmental protection are 1.23, the same of these three cat origins equals the ____ of an environmental resource
- When total costs and benefits are equal, net benefits are ____ and pollution has been reduce too ___ from an efficiency perspective
- The two potential economic instruments for reducing the negative spillover effects of consumption discussed in the text were 1._____ 2._____
- Economist define pollution as a y__________ a cost of a transaction not borne by the buyer or seller
- ____ trap reflected heat from the earths surface and cause global warming. The main GHG is _____
- Inequity in sitting of hazardous facilities has been called _______ and has sparked political movement called the _____ movement
- Pre industrial c02 levels were about 280 PPm. They are now at
- Both sources and sinks make up ______ : the inputs that nature provides for our production and consumption processes
- The ___ standard says social welfare does not rise if increases in consumption today on balance reduce the well being of future generations below the level enjoyed today
- Marginal analysis us used to identify the _____ level of pollution