The opportunity costs of policies to slow global warming under the Kyoto Protocol would include
A) fuel-use reductions that would slow economic growth in most of the world.
B) economizing on energy use in ways that would, on balance, increase economic growth.
C) very few costs that would affect resource-conserving industrial nations such as the United States.
D) high costs in developing nations such as India but not in industrial nations.

Question

Quizplus · Accepted Answer

The policies to slow global warming under the Kyoto Protocol would require significant fuel-use reductions, which would slow economic growth in most of the world. This would result in opportunity costs, as the resources that could have been used for economic growth would instead be diverted to reducing greenhouse gas emissions.

The Opportunity Costs of Policies to Slow Global Warming Under