A cost effective policy regarding CO2 emissions would ensure

Question

Quizplus · Accepted Answer

A cost effective policy would prioritize achieving the largest emission reduction for the resources spent, as this maximizes the impact of the policy while minimizing its cost. Prioritizing the highest benefit cost ratio or greatest amount of utility per capita may not necessarily lead to the most effective reduction in emissions. Requiring each pollution source to reduce their emissions by the same percentage amount may not be the most efficient approach as some sources may have lower cost options available for emission reduction compared to others.

A Cost Effective Policy Regarding CO2 Emissions Would Ensure