Homework Answers
The answer is option c- Greenhouse gas emissions
Integrated Assessment Modeling (IAM) or Integrated Modeling (IM)[a] is a term used as a form of scientific modeling that attempts to connect key social and economic characteristics with the biosphere and atmosphere into a single modeling system. The objective of integrated modeling of assessments is to accommodate informed environmental policy making, usually in the context of climate change. While the detail and extent of integrated disciplines varies greatly by model, all integrated modeling of climate assessment includes both economic processes and greenhouse gas production processes
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QUESTION 14 What do Integrated Assessment Models try to predict? O Temperature o Optimal temperature at...
Question Completion Status: QUESTION 13 Which of these is an abatement technique? Building a hurricane-proof house...
Question Completion Status: QUESTION 13 Which of these is an abatement technique? Building a hurricane-proof house Building a flood barrier Driving less Not going outside when it is too hot QUESTION 14 What do Integrated Assessment Models try to predict? Temperature Optimal temperature at minimum economic damage O Greenhouse gas emissions Economic damages minus abatement costs QUESTION 15 Which of these factors will increase the economic damage from climate change? High levels of abatement Low levels of abatement More countries...
Question Completion Status: QUESTION 10 What is the elasticity of the marginal utility of consumption? OA...
Question Completion Status: QUESTION 10 What is the elasticity of the marginal utility of consumption? OA measure of future uncertainty A measure of how much richer people value extra consumption A measure of the social discount rate A measure of present value consumption QUESTION 11 Why might gamma discounting make sense? People do not discount at constant rates People do discount at constant rates People do not like the future as much as the present People like the future more...
QUESTION 34 What is abatement? Getting used to climate change Reducing damages by mitigation Not emitting...
QUESTION 34 What is abatement? Getting used to climate change Reducing damages by mitigation Not emitting carbon Cleaning up damages from emissions QUESTION 35 Which of the following is not an economic metric for estimating climate change damages? Social damage as a function of GDP social cost of carbon O optimal temperature conditional on abatement and damage total stock of carbon emissions QUESTION 36 Is the social discount rate a constant value? Yes, it is always positive No, it can...
QUESTION 35 Which of the following is not an economic metric for estimating climate change damages?...
QUESTION 35 Which of the following is not an economic metric for estimating climate change damages? O Social damage as a function of GDP o social cost of carbon O optimal temperature conditional on abatement and damage total stock of carbon emissions
Question Completion Status: QUESTION 31 Why is abatement so important? Because it can offset damages Because...
Question Completion Status: QUESTION 31 Why is abatement so important? Because it can offset damages Because requires us to give up resources in the present Because it reduces the need to adapt All of the above QUESTION 32 Why do individual people discount the future? they think the future will be worse they think the future is worth more than the present they are impatient the present is uncertain QUESTION 33 What do inwestors discount the future? they think investments...
QUESTION 1 What will happen if we decrease our abatement of carbon over time? OEconomic damages...
QUESTION 1 What will happen if we decrease our abatement of carbon over time? OEconomic damages will decrease Economic damages will increase The optimal temperature goal will decrease Economic damages will be unchanged QUESTION 2 What does the Social Cost of Carbon tell us? Dollar value of damage per ton of carbon Dollar value of abatement per ton of carbon Amount paid by taxpayers to offset carbon emissions Amount paid by the government to encourage non-carbon energy sources QUESTION 3...
QUESTION 1 What will happen if we decrease our abatement of carbon over time? Economic damages...
QUESTION 1 What will happen if we decrease our abatement of carbon over time? Economic damages will decrease Economic damages will increase O The optimal temperature goal will decrease Economic damages will be unchanged
QUESTION 23 What economic metrics do economists use to measure climate change? Social Cost of Carbon...
QUESTION 23 What economic metrics do economists use to measure climate change? Social Cost of Carbon O Present Value damages from climate change as a percent of GDP O Net losses in GDP from damages minus abatement All of the above
QUESTION 5 What does the Marginal Abatement Cost function show? O How much it costs to abate an extra unit of carbon O...
QUESTION 5 What does the Marginal Abatement Cost function show? O How much it costs to abate an extra unit of carbon O How much it costs to increase temperatures O How much it costs to abate all carbon emissions How much it costs to reduce climate change damages
QUESTION 23 2 points Save Answer What economic metrics do economists use to measure climate change?...
QUESTION 23 2 points Save Answer What economic metrics do economists use to measure climate change? O Social Cost of Carbon O Present Value damages from climate change as a percent of GDP O Net losses in GDP from damages minus abatement O All of the above QUESTION 24 2 points 2 points Save Answer Save Answer The social discount rate is not the same as the market interest rate. Why? O capital markets adjust to all risks O market...
Question Completion Status: QUESTION 13 Which of these is an abatement technique? Building a hurricane-proof house Building a flood barrier Driving less Not going outside when it is too hot QUESTION 14 What do Integrated Assessment Models try to predict? Temperature Optimal temperature at minimum economic damage O Greenhouse gas emissions Economic damages minus abatement costs QUESTION 15 Which of these factors will increase the economic damage from climate change? High levels of abatement Low levels of abatement More countries...
Question Completion Status: QUESTION 10 What is the elasticity of the marginal utility of consumption? OA measure of future uncertainty A measure of how much richer people value extra consumption A measure of the social discount rate A measure of present value consumption QUESTION 11 Why might gamma discounting make sense? People do not discount at constant rates People do discount at constant rates People do not like the future as much as the present People like the future more...
QUESTION 34 What is abatement? Getting used to climate change Reducing damages by mitigation Not emitting carbon Cleaning up damages from emissions QUESTION 35 Which of the following is not an economic metric for estimating climate change damages? Social damage as a function of GDP social cost of carbon O optimal temperature conditional on abatement and damage total stock of carbon emissions QUESTION 36 Is the social discount rate a constant value? Yes, it is always positive No, it can...
QUESTION 35 Which of the following is not an economic metric for estimating climate change damages? O Social damage as a function of GDP o social cost of carbon O optimal temperature conditional on abatement and damage total stock of carbon emissions
Question Completion Status: QUESTION 31 Why is abatement so important? Because it can offset damages Because requires us to give up resources in the present Because it reduces the need to adapt All of the above QUESTION 32 Why do individual people discount the future? they think the future will be worse they think the future is worth more than the present they are impatient the present is uncertain QUESTION 33 What do inwestors discount the future? they think investments...
QUESTION 1 What will happen if we decrease our abatement of carbon over time? OEconomic damages will decrease Economic damages will increase The optimal temperature goal will decrease Economic damages will be unchanged QUESTION 2 What does the Social Cost of Carbon tell us? Dollar value of damage per ton of carbon Dollar value of abatement per ton of carbon Amount paid by taxpayers to offset carbon emissions Amount paid by the government to encourage non-carbon energy sources QUESTION 3...
QUESTION 1 What will happen if we decrease our abatement of carbon over time? Economic damages will decrease Economic damages will increase O The optimal temperature goal will decrease Economic damages will be unchanged
QUESTION 23 What economic metrics do economists use to measure climate change? Social Cost of Carbon O Present Value damages from climate change as a percent of GDP O Net losses in GDP from damages minus abatement All of the above
QUESTION 5 What does the Marginal Abatement Cost function show? O How much it costs to abate an extra unit of carbon O How much it costs to increase temperatures O How much it costs to abate all carbon emissions How much it costs to reduce climate change damages
QUESTION 23 2 points Save Answer What economic metrics do economists use to measure climate change? O Social Cost of Carbon O Present Value damages from climate change as a percent of GDP O Net losses in GDP from damages minus abatement O All of the above QUESTION 24 2 points 2 points Save Answer Save Answer The social discount rate is not the same as the market interest rate. Why? O capital markets adjust to all risks O market...
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