The marginal benefits of emissions curve is a marginal cost of abatement curve when read from right to left.

Question

Quizplus · Accepted Answer

The marginal benefit of emissions curve measures the social benefit of reducing emissions, while the marginal cost of abatement curve measures the cost incurred to reduce emissions. When read from right to left, the marginal cost of abatement curve becomes the marginal benefit of emissions curve, as reducing emissions becomes more beneficial as we move towards the right on the abatement curve. Therefore, the statement is true.

The Marginal Benefits of Emissions Curve Is a Marginal Cost