A Policy That Puts a Price on GHG Emissions Will

question 109

Multiple Choice

A policy that puts a price on GHG emissions will help to reduce emissions because

• A) energy intensity of GDP will increase.
• B) it provides incentives for firms and consumers to switch to cleaner energy sources.
• C) it will shift firms' marginal cost of abatement curves upward.
• D) it will shift firms' marginal cost of abatement curves downward.
• E) world energy intensity will increase.

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Definitions:

Business Owner

An individual who legally possesses a company, bearing both the risks and benefits associated with the enterprise.

Separate Entity

A concept in accounting and law where a business is recognized as having its own legal rights and obligations, distinct from those of its owners or members.

External Funding

Financing that comes from outside an organization, often from venture capitalists, angel investors, or crowdfunding platforms to support business activities.

Experienced Investors

Individuals or entities that have a significant history of investing in various markets or ventures, demonstrating a deep understanding and skill in allocating resources for potential financial gain.