Lecture 6

Question 1

Intergovernmental Panel on Climate Change (IPCC)

Answer 1

hundreds of climate change experts gather to talk about the implications of climate change and how to alleviate it

Question 2

median voter theorem

Answer 2

all politicians’ platform converge to median
politicians converge strategically to their opponents to capture votes

Question 3

Yellow Vests

Answer 3

round of protests in France against a carbon tax that increased gas prices

Question 4

carbon tax

Answer 4

make people pay according to their environmental degradation
internalizes externality

Question 5

2 possibilities to reduce energy consumption

Answer 5

1) increase price
2) subsidies for new techno

Question 6

OPower program

Answer 6

social comparison-based home energy reports
> repeatedly mailed to more than 6M households nationwide

Question 7

OPower reports

Answer 7

1) personalized energy use feedback
2) social comparisons
3) energy conservation info

Question 7

seasonal effect

Answer 7

energy consumption changes depending if it is summer or winter