According to many economists, the government should:
A) reduce the level of carbon emissions as far as possible.
B) use its policies to achieve the least-cost reduction of carbon emissions.
C) set policy to achieve the efficient level of pollution by reducing the costs of pollution, which will always increase the benefits to society.
D) reduce carbon emissions whenever the marginal cost exceeds a predetermined level set by the courts.

Question

Quizplus · Accepted Answer

Economists generally advocate for achieving the least-cost reduction of carbon emissions, which means using policies that minimize the costs of reducing emissions while achieving environmental goals. This approach ensures that resources are used efficiently.

According to Many Economists, the Government Should