global warming and climate chang

Science Of Agriculture Biological Approach
5th Edition
ISBN:9780357229323
Author:Herren
Publisher:Herren
Chapter27: The Agriscience Fair
Section: Chapter Questions
Problem 2SLA
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What are the two main approaches to tackle the problem of global warming and climate change? 

compare the two approaches along the following dimensions:  

 

  1. Relative size of benefits versus costs.

 

  1. Relative timing of benefits versus costs (e.g., immediate or distant). Why does this matter a lot?

 

  1. Based on the current state of scientific and economic knowledge, which of the two types of policy is most likely to be cost-effective? Does it mean it will be used? Explain.
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