Besides the scientific uncertainties, which of the following has kept most economists from recommending strong regulations to reduce emissions of carbon dioxide?
A) consumer ignorance
B) the Kyoto Protocol
C) high costs and the potential for special-interest involvement in regulations
D) The Clean Air Act of 1990

Question

Quizplus · Accepted Answer

Many economists are hesitant to recommend strong regulations to reduce emissions of carbon dioxide due to the high costs and the potential for special-interest involvement in the implementation of such regulations. It is also important to note that the Clean Air Act of 1990 already regulates the emissions of many air pollutants, including carbon dioxide, which may make additional regulations less necessary in the eyes of some economists. The Kyoto Protocol is a global agreement aimed at reducing greenhouse gas emissions, but it has not been universally adopted and does not have the full support of all economists. Consumer ignorance may be a factor in the public's demand for emissions reductions, but it is not a primary reason why economists may be hesitant to recommend strong regulations.

Besides the Scientific Uncertainties, Which of the Following Has Kept