Chapter 11/12 Flashcards
(11 cards)
What did the IPCC do when it formed and created the report Climate Change 2021: The Physical Science Basis?
Created a report that explained understanding of climate system and brought in latest advances in climate science
process of capturing and storing atmospheric CO2
(looks like horse)
sequestration
What did the United Nations Framework Convention On Climate Change (UNFCCC) agree on for temp?
To keep it below 2 degrees Celsius
Difference between carbon neutrality and climate neutrality
Carbon is zero human caused CO2
Climate is ALL greenhouse gases
normative discounting vs opportunity cost discounting
normative discounting is an ethical question
opp. cost is actual cost of choosing one over the other
describe game theory
(rock paper scissors)
multiple players have to make decisions based on what they think another player will choose
describe issue linkage between countries
negotiating a climate change agreement for a shared climate and economic benefit
what do climate club countries do?
group effort: non members have to have a tariff on goods to encourage them to participate. group members have a carbon price
what did the Montreal Protocol do and what did it phase out?
cute furry cunt
protected ozone layer, phased out CFCs
describe efficient intertemporal allocation
how resources are distributed over time to maximize benefit for now and future