The Opportunity Cost of Slowing Global Warming by Reducing Carbon

question 231

Multiple Choice

The opportunity cost of slowing global warming by reducing carbon dioxide emissions is

• A) extremely high because policies that would significantly reduce emissions will adversely affect economic growth.
• B) insignificant compared to the probable impact of warming from those emissions.
• C) irrelevant because each aspect of the environment is important enough to justify full protection from environmental change, at whatever cost is necessary.
• D) zero because fuel cost savings alone will offset all opportunity costs.

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Definitions:

Cutthroat Trout

A species of freshwater fish, known for the distinctive red or orange cutthroat mark beneath its jaw.

Lake Louise

A glacial lake located in Banff National Park, Alberta, Canada, known for its vivid turquoise waters surrounded by high mountain peaks.

Formosan Termites

A highly destructive species of termite known for its aggressive behavior and ability to infest a wide range of structures.

Asian Carp

A term collectively referring to fish species native to Asia such as bighead, silver, grass, and black carp, some of which are considered invasive in other parts of the world.