1. You have been hired by a regional government to recommed a pricing model for water use for farms. Discuss the potential solutions and rank them in order from the best to the worse. (Make sure you consider the ease of implementation, efficiency, and the ability to control demand in your answer)
2. You have been hired by a regional government to recommed a pricing model for household waste collection and recycling. Discuss the potential solutions and rank them in order from the best to the worse. (Make sure you consider the ease of implementation, efficiency, and the ability to control demand in your answer)
3. Assume that to meet Kyoto Protocol obligations Canada places a cap on domestic carbon dioxide(CO2) emissions. Compare a command-and-control approach with a tradable emissions permits (TEP's) system and an emission tax as ways to achieve the cap. Assume that government implements the tool uniformly ( either x-units satandard for polluter, or z-permits to each polluter).
4. Using the simple model of recycling ( the one that looks at the demand for the total materials, the marginal cost of recycling, and given amount of virgin material) dicuss the following concepts: (a) Fungablity (b) The static nature of the model (c) Spending too much on recycling (d) Urban v. Rural standards
5. What is the difference between a first best and a second best solution? Given an example in environment economics of each
6. (a) What is Dutch disease?
(b) What are the principles of sustainable development? What changes are necessary? Will the global economic system automatically produce sustainable development?
7. Describe these two ted. com videos (a) We Can Recycle Plastic (b) The walkable City