Prompt #2: The ominous phenomenon of Climate Change has been caused by the accumulation of man-made greenhouse gas emissions. This has been referred to as the "greatest market failure in history." Discuss why Climate Change can be described as a market failure and explain why government regulation to reduce greenhouse gas emissions might be justified. Also discuss the types of regulatory options the United States might choose as tools to reduce emissions.
need 4 pages
Why Climate Change is Described as Market
Government Regulations to Reduce Emissions of
Greenhouse Gas Need to be Justified
Regulations in Place to Reduce the Emission of
Greenhouse Gas in the United States