What is one way that markets fail

Chapter 11:

1. What is one way that markets fail?

2. Why do economist like incentive-based policies? What is needed in order to have a successful policy of any kind?

Chapter10:

1. Why is international cooperation needed? 

2. Why was there a declining impact of the Kyoto Protocol? 

3. Why is the Paris agreement expected to be more effective than Kyoto?

Chapter 15:

1. Name the three most important measures to reduce black carbon emission. Which might be the easiest to implement?

2. Name the five ways by which methane leads to warming. Which do you think is more critical, and why?

3. What health issues result from a depleted ozone layer?