In 2006, Abu Dhabi Launched MASDAR in an attempt to reduce its carbon footprint and promote a more environment friendly culture around the UAE. Abu Dhabi is trying to solve the issue of
A) having too many petrodollars in its reserves.
B) negative externalities caused by carbon emissions.
C) unemployment in Abu Dhabi.
D) None of the above.

Question

Quizplus · Accepted Answer

The initiative to launch MASDAR by Abu Dhabi was primarily aimed at addressing the environmental concerns associated with carbon emissions. By focusing on renewable energy and sustainable urban development, Abu Dhabi aimed to mitigate the negative externalities caused by carbon emissions, promoting a more environmentally friendly culture.

In 2006, Abu Dhabi Launched MASDAR in an Attempt to Reduce