GLOBAL ENVIRONMENTAL POLLUTION:
Acid Rain, Ozone Depletion and Global Warming
(Contributed by Marvin S. Soroos)
learning objectivesAfter reading this chapter you will be familiar with the following:
|• three major environmental problems with international or even global dimensions; |
|• the causes and consequences of acid rain; |
|• the causes and consequences of depletion of the ozone layer; |
|• the causes and consequences of global warming; |
|• international efforts to address the problem of acid rain, ozone depletion and climate change; |
|• the economics of atmospheric pollution. |
Most of the world’s climate scientists say global warming is a real and serious threat. Market forces won’t solve the problems, because markets treat pollution as a costless byproduct and underprice it. “Free-Market” advocates are promoting a complex scheme of tradable (transferable) emission rights. But this “market” does not exist in nature; it must first be constructed—by government diplomats and regulators. And these emissaries must resolve complex policy questions: how much overall
Questia, a part of Gale, Cengage Learning. www.questia.com
Book title: Principles of Environmental Economics:Economics, Ecology and Public Policy.
Contributors: Ahmed M. Hussen - Author.
Place of publication: London.
Publication year: 2000.
Page number: 268.
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