Economic Effects to Global Warming
Economic growth is often seen as the fundamental cause of problems associated with global warming. In this five to seven page essay, briefly outline how economic growth has contributed to increases in carbon dioxide emissions. How do the free rider problem and the presence of negative externalities make it difficult to design the appropriate global policies to limit greenhouse emissions? Are you optimistic or pessimistic about our ability to deal with global warming?
Some suggestions
- Make sure you cover all the issues asked for in this essay prompt (i.e. explain the link between economic growth and increasing carbon dioxide emissions, discuss and explain the free rider problem and negative externalities and the relation of these concepts to global warming, discuss possible solutions to global warming, and explain why you are optimistic or pessimistic).
- There is no need to use any sources beyond what has been assigned in the syllabus.
- You can cite a source by using parentheses (author, page number) in the text.
Make sure you include a bibliography. You cannot get an A without appropriate citations.
Answer Preview
Global warming refers to the rise in global atmospheric temperatures over a certain period. For example, the global temperature rose by 0.13 degrees Celsius per decade between 1956 and 2005. This has led to melting of ice, change of climate patterns and atmospheric catastrophes like floods and typhoons…
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