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Q: How many economists does it take to change a light bulb? A: All. Because then you will generate employment, more consumption, moving the aggregate demand curve to the right.
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Pollution Credits
Tradable permits under regulatory systems designed to control and reduce pollution by giving companies a specific allowance for emissions; companies can buy or sell these allowances to meet environmental regulations.
Biodiesel
A renewable, biodegradable fuel made from vegetable oils, animal fats, or recycled restaurant greases for use in diesel engines.
Oil Prices
The cost per barrel of crude oil, influenced by global supply and demand, geopolitical events, and market speculation.
Energy Efficiency
Refers to using less energy to provide the same service or achieve the same level of function.
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