What is the main challenge with applying traditional economic tools to global warming?
Ross McKitrick - Breaking the Climate Change Stalemate

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Business, Biology
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University
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Hard
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Emissions affect the climate state, not directly causing damages.
Emissions directly cause damages.
The pricing rule is well-defined.
The damage function is straightforward.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What do integrated assessment models typically combine?
Only climate models.
Simple climate and economy models.
Only economy models.
Complex climate and economy models.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the proposed new model for setting carbon tax rates based on?
Economic growth rates.
Political agreements.
Average atmospheric temperatures.
Predicted emissions levels.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the new model affect market behavior?
It creates a market for accurate temperature forecasts.
It sets fixed tax rates.
It relies solely on government predictions.
It eliminates the need for forecasts.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key benefit of interdisciplinary collaboration between economists and climatologists?
Economists learn new statistical methods.
Climatologists develop new economic theories.
Exchange of empirical methods and data analysis techniques.
Economists focus solely on climate models.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a common surprise for economists when reviewing climatology papers?
Lack of empirical data.
Complex economic models.
Advanced statistical methods.
Elementary statistical methods.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What tools do economists bring to climatology research?
Political negotiation skills.
Advanced econometric methods.
Basic statistical methods.
Climate modeling techniques.
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