How To Create Clean Energy Jobs Essay
Prevention moral absolutism from replacing rational public policy makes public policy maker care more about Cost-Benefits analysis although there is a psychological impulse in all of us on living in a green world.
Environmentalists as …show more content…
1. Energy Demand
Energy demand per person in US keeps stable over last thirty years. Energy consumption has actually declined relative to the gross national product. And energy expenditures have declined as a share of the GDP.
2. Energy Supply
Oil still cannot be replaced by any other energy source except that one day any other alternatives can be applied to the practice commercially. However people still desire to find the clean and efficient energy for warming pollution reduction.
Game Theory portrays policy as the outcome of interaction between two or more rational participants, which can be introduced into cap and trade provided that property ownership is secure.
Assumption: Firm A & Firm B are two polluting companies, which produce the…