Question description 1 ” At the heart of economic policy must be the recognition that the emission o

Question description

1 ” At the heart of economic policy must be the recognition that the emission of greenhouse gases is a market failure” Please explain

2 Why would it be grossly imprudent to act on the assumption that the science is wrong in predicting even if the probability of it being right were fairly low?

3 Are environmental causes a TROJAN HORSE? or a diversion of attention from more pressing issues like poverty and redistribution of wealth?

4 Why should we want prices to be at the heart of policy?

5 What are the key elements of a global deal?

Minimum: 3 pages