Question 1

As evidence of cyclical climate changes, one can refer to a cooling period, historically
 known as 'The Little Ice Age' that occurred between 1550 and 1850.

Accepted Answer

A) True 
 B)False  True

Question 2

The IPCC estimates with 68% probability that the cause for global warming is the
 emission of heat trapping GHGs arising primarily from human activities.

Accepted Answer

A) True 
 B)False  False

Question 3

Which argument has been used by developing countries to limit their greenhouse gas emissions?

Accepted Answer

A)  It is bad for trade. 
B)  GHG emission are already low that developing countries cannot lower them any further. 
C)  Abatement technologies are not available to developing countries. 
D)  Developed countries refuse to help developing countries. 
E)  If the developing country limits their emissions, then they may limit their economic
 growth. 
A)  It is bad for trade. 
B)  GHG emission are already low that developing countries cannot lower them any further. 
C)  Abatement technologies are not available to developing countries. 
D)  Developed countries refuse to help developing countries. 
E)  If the developing country limits their emissions, then they may limit their economic
 growth. E

Question 4

The Kyoto climate policy initiatives did not include which of the following?

Accepted Answer

A)  Science based climate policy. 
B)  A strategy to use emission trading to limit GHG emissions. 
C)  Climate policy with considerations of principles of fairness. 
D)  Climate policy with considerations of principles of equity. 
E)  Climate policy with considerations of principles of religious belief. 
A)  Science based climate policy. 
B)  A strategy to use emission trading to limit GHG emissions. 
C)  Climate policy with considerations of principles of fairness. 
D)  Climate policy with considerations of principles of equity. 
E)  Climate policy with considerations of principles of religious belief.

Question 5

GHGs are composed of carbon dioxide (CO2), carbon monoxide (CO), Methane (CH4),
 Nitric Oxide (N2O), Oxygen (O2), and a class of synthetic compounds known as
 chlorofluorocarbons (CFCs).

Accepted Answer

A) True 
 B)False

Question 6

Signatories to the Paris climate agreement are asked to make self-determined
 emissions pledges.

Accepted Answer

A) True 
 B)False

Question 7

According to some climate scientists, climate tipping point may be reached when the increase in the average global surface temperature approaches …

Accepted Answer

A)  Between 1 and 2 degree Celsius. 
B)  Between 2 and 4 degree Celsius. 
C)  Between 4 and 6 degree Celsius. 
D)  Between 10 and 15 degree Celsius. 
E)  Between 16 and 18 degree Celsius. 
A)  Between 1 and 2 degree Celsius. 
B)  Between 2 and 4 degree Celsius. 
C)  Between 4 and 6 degree Celsius. 
D)  Between 10 and 15 degree Celsius. 
E)  Between 16 and 18 degree Celsius.

Question 8

What is the main purpose of the Kyoto Protocol?

Accepted Answer

A)  To stabilize greenhouse gas buildup in the atmosphere. 
B)  To address the shortcomings of the Paris Agreement. 
C)  To create a market mechanism for pollution credits. 
D)  To help develop alternatives to fossil fuels. 
E)  To phase out the use of fossil fuels. 
A)  To stabilize greenhouse gas buildup in the atmosphere. 
B)  To address the shortcomings of the Paris Agreement. 
C)  To create a market mechanism for pollution credits. 
D)  To help develop alternatives to fossil fuels. 
E)  To phase out the use of fossil fuels.

Question 9

What percentage of tropospheric air is composed of carbon dioxide?

Accepted Answer

A)  21 %. 
B)  78 %. 
C)  75%. 
D)  <1 %. 
E)  10%. 
A)  21 %. 
B)  78 %. 
C)  75%. 
D)  <1 %. 
E)  10%.

Question 10

Climate models have been found to reproduce only the general features of the
 global-scale annual mean surface temperature increases, but not the temperature
 coolings.

Accepted Answer

A) True 
 B)False

Question 11

The DICE model does not incorporate neoclassical economics growth theory because the
 theory does not apply to climate change.

Accepted Answer

A) True 
 B)False

Question 12

The GHG damage cost function, which represents the relationship between expected
 future warming and projected future damages to the economy, is discontinuous and
 therefore exhibits a climate tipping point.

Accepted Answer

A) True 
 B)False

Question 13

Ice records of atmospheric CO2 concentration show that the pre-Industrial Revolution
 level of CO2 concentration was relatively stable going back to 10,000 years at about 280
 ppm.

Accepted Answer

A) True 
 B)False

Question 14

A special feature of the externalities associated with climate change is that they are global
 rather than localized in scope.

Accepted Answer

A) True 
 B)False

Question 15

The Intergovernmental Panel on Climate Change (IPCC) has determined that…

Accepted Answer

A)  Only carbon dioxide and methane contribute to the greenhouse effect. 
B)  Ozone layer is nearly depleted. 
C)  The Kyoto protocol successfully slowed GHG emissions. 
D)  Human activities have contributed to global temperature increases. 
E)  Global temperatures have risen about 12 degrees Fahrenheit. 
A)  Only carbon dioxide and methane contribute to the greenhouse effect. 
B)  Ozone layer is nearly depleted. 
C)  The Kyoto protocol successfully slowed GHG emissions. 
D)  Human activities have contributed to global temperature increases. 
E)  Global temperatures have risen about 12 degrees Fahrenheit.

Question 16

With the exception of the recent past, historically, the effects of human-induced factors
 on climate have been limited mainly to local or regional geographic region.

Accepted Answer

A) True 
 B)False

Question 17

One can apply a standard cost-benefit analysis to climate change.

Accepted Answer

A) True 
 B)False

Question 18

It is unfortunate that market-based climate policy instruments, such as emission
 trading to limit GHG emissions, were never part of the Kyoto Protocol.

Accepted Answer

A) True 
 B)False

Question 19

In a theoretical construct of the GHG damage cost function that shows the relationship between expected future warming and projected future damages to the economy, one can conclude which of the following?

Accepted Answer

A)  Global GDP increases with increases in temperature. 
B)  The damage function is affected by the past level of technologies. 
C)  The damage function is affected only by points of discontinuity. 
D)  Points of discontinuity in any damage function would represent catastrophic changes. 
E)  All of the above are correct. 
A)  Global GDP increases with increases in temperature. 
B)  The damage function is affected by the past level of technologies. 
C)  The damage function is affected only by points of discontinuity. 
D)  Points of discontinuity in any damage function would represent catastrophic changes. 
E)  All of the above are correct.

Question 20

What are the potential costs of climate change?

Accepted Answer

A)  Morbidity and deaths from extreme temperatures (heat and cold). 
B)  Loss of agricultural output due to drought. 
C)  Loss of real estate due to rising sea levels. 
D)  Loss of biodiversity. 
E)  All answers above are correct. 
A)  Morbidity and deaths from extreme temperatures (heat and cold). 
B)  Loss of agricultural output due to drought. 
C)  Loss of real estate due to rising sea levels. 
D)  Loss of biodiversity. 
E)  All answers above are correct.

As evidence of cyclical climate changes, one can refer to a cooling period, historically known as 'The Little Ice Age' that occurred between 1550 and 1850.

The IPCC estimates with 68% probability that the cause for global warming is the emission of heat trapping GHGs arising primarily from human activities.

Which argument has been used by developing countries to limit their greenhouse gas emissions?

The Kyoto climate policy initiatives did not include which of the following?

GHGs are composed of carbon dioxide (CO2), carbon monoxide (CO), Methane (CH4), Nitric Oxide (N2O), Oxygen (O2), and a class of synthetic compounds known as chlorofluorocarbons (CFCs).

Signatories to the Paris climate agreement are asked to make self-determined emissions pledges.

According to some climate scientists, climate tipping point may be reached when the increase in the average global surface temperature approaches …

What is the main purpose of the Kyoto Protocol?

What percentage of tropospheric air is composed of carbon dioxide?

Climate models have been found to reproduce only the general features of the global-scale annual mean surface temperature increases, but not the temperature coolings.

The DICE model does not incorporate neoclassical economics growth theory because the theory does not apply to climate change.

The GHG damage cost function, which represents the relationship between expected future warming and projected future damages to the economy, is discontinuous and therefore exhibits a climate tipping point.

Ice records of atmospheric CO2 concentration show that the pre-Industrial Revolution level of CO2 concentration was relatively stable going back to 10,000 years at about 280 ppm.

A special feature of the externalities associated with climate change is that they are global rather than localized in scope.

The Intergovernmental Panel on Climate Change (IPCC) has determined that…

With the exception of the recent past, historically, the effects of human-induced factors on climate have been limited mainly to local or regional geographic region.

One can apply a standard cost-benefit analysis to climate change.

It is unfortunate that market-based climate policy instruments, such as emission trading to limit GHG emissions, were never part of the Kyoto Protocol.

In a theoretical construct of the GHG damage cost function that shows the relationship between expected future warming and projected future damages to the economy, one can conclude which of the following?

What are the potential costs of climate change?

The Natural Environment and the Human Economy: the Neoclassical Perspective

The Natural Environment and the Human Economy: an Ecological Perspective

Ecological and Technological Determinants of the Trade-Off Between Economic Activity and Environmental Quality

The Economic Theory of Pollution Control

The Economics of Environmental Regulation I: Emission Standards and Effluent Charge

The Economics of Environmental Regulation Ii: Transferable Emission Credits, and the Macroeconomic Effects of Environmental Regulation

Alternative Methods of Valuation of Environmental Goods and Services

Frameworks for Assessing the Worthiness of Environmental Projects

The Economics of Biodiversity

Biophysical Limits to Economic Growth: the Malthusianneo-Malthusianecological Economics Perspectives

Biophysical Limits to Economic Growth: the Neoclassical Perspective

The Economics of Sustainability

Green Accounting and Alternative Indicators of Sustainability

Filters

Exam 9: The Economics of Climate Change

As evidence of cyclical climate changes, one can refer to a cooling period, historically known as 'The Little Ice Age' that occurred between 1550 and 1850.

The IPCC estimates with 68% probability that the cause for global warming is the emission of heat trapping GHGs arising primarily from human activities.

Which argument has been used by developing countries to limit their greenhouse gas emissions?

The Kyoto climate policy initiatives did not include which of the following?

GHGs are composed of carbon dioxide (CO2), carbon monoxide (CO), Methane (CH4), Nitric Oxide (N2O), Oxygen (O2), and a class of synthetic compounds known as chlorofluorocarbons (CFCs).

Signatories to the Paris climate agreement are asked to make self-determined emissions pledges.

According to some climate scientists, climate tipping point may be reached when the increase in the average global surface temperature approaches …

What is the main purpose of the Kyoto Protocol?

What percentage of tropospheric air is composed of carbon dioxide?

Climate models have been found to reproduce only the general features of the global-scale annual mean surface temperature increases, but not the temperature coolings.

The DICE model does not incorporate neoclassical economics growth theory because the theory does not apply to climate change.

The GHG damage cost function, which represents the relationship between expected future warming and projected future damages to the economy, is discontinuous and therefore exhibits a climate tipping point.

Ice records of atmospheric CO2 concentration show that the pre-Industrial Revolution level of CO2 concentration was relatively stable going back to 10,000 years at about 280 ppm.

A special feature of the externalities associated with climate change is that they are global rather than localized in scope.

The Intergovernmental Panel on Climate Change (IPCC) has determined that…

With the exception of the recent past, historically, the effects of human-induced factors on climate have been limited mainly to local or regional geographic region.

One can apply a standard cost-benefit analysis to climate change.

It is unfortunate that market-based climate policy instruments, such as emission trading to limit GHG emissions, were never part of the Kyoto Protocol.

In a theoretical construct of the GHG damage cost function that shows the relationship between expected future warming and projected future damages to the economy, one can conclude which of the following?

What are the potential costs of climate change?

The Natural Environment and the Human Economy: the Neoclassical Perspective

The Natural Environment and the Human Economy: an Ecological Perspective

Ecological and Technological Determinants of the Trade-Off Between Economic Activity and Environmental Quality

The Economic Theory of Pollution Control

The Economics of Environmental Regulation I: Emission Standards and Effluent Charge

The Economics of Environmental Regulation Ii: Transferable Emission Credits, and the Macroeconomic Effects of Environmental Regulation

Alternative Methods of Valuation of Environmental Goods and Services

Frameworks for Assessing the Worthiness of Environmental Projects

The Economics of Biodiversity

Biophysical Limits to Economic Growth: the Malthusianneo-Malthusianecological Economics Perspectives

Biophysical Limits to Economic Growth: the Neoclassical Perspective

The Economics of Sustainability

Green Accounting and Alternative Indicators of Sustainability

Filters