Since the industrial revolution, the amount of carbon dioxide and its equivalents in the atmosphere has spiked way more than it was in the pre-industrial era and this spike in emissions has been linked to human activities such as deforestation and the burning of fossil fuels. The rate at which humans are emitting this carbon is way faster than the rate at which the earth can sequester.
If you could create an ideal “Green Economy” what would it look like? and how would you make it sustainable?
As gleaned from “Berck and Helfand”, Economics is the study of the allocation of scarce resources. When there is not enough of something – housing, food, energy, forest – so that anyone can have as much as desired, some processes must be developed for determining who gets how much of the goods. Economics focuses on market as a means of…