Microeconomics 18th Edition by Campbell McConnell, Stanley Brue, Sean Flynn

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CARBON DIOXIDE EMISSIONS-RISING OR FALLING We presented evidence earlier that per capita consumption of water, energy, and solid objects like plastics and metals has been constant or falling in recent decades. The consumption of fossil fuels, however, is of special concern because ofworries about global warming caused by the emission into the atmosphere of carbon dioxide and other so-called greenhouse gasses. Go to the Energy Information Agency's Environment page, www.eia.doe.gov/environment.html. Scan the International Emissions Data links and click on the one that says Per Capita Emissions in order to open up an Excel spreadsheet that contains per capita carbon dioxide emissions for almost all countries for each of the previouS₂0 years or so. Have per capita carbon dioxide emissions in the United States, Japan, and France grown, stayed about the same, or fallen over the past couple of decades Does it surprise you to learn that over this time period France has moved to generate more than 80 percent of its electricity from nuclear power, which emits no carbon dioxide What about emissions in China, Indonesia, and India Why have emissions risen so much (in percentage terms) in these countries (Hint: They are not as poor as they used to be.) If current trends in these countries continue, should we be worried And could defining property rights over the atmosphere solve the problem