What is the difference between a flow externality and a stock externality? Which type of externality arises from the emission of fine particulates? Which type of externality arises from the emission of carbon dioxide and other greenhouse gasses? What is it that is being depleted when greenhouse gasses are emitted? To control greenhouse gasses would one need a spatially differentiated tax on greenhouse gasses? Explain your reasoning

Economics Apr 04, 2023

What is the difference between a flow externality and a stock externality? Which type of externality arises from the emission of fine particulates? Which type of externality arises from the emission of carbon dioxide and other greenhouse gasses? What is it that is being depleted when greenhouse gasses are emitted? To control greenhouse gasses would one need a spatially differentiated tax on greenhouse gasses? Explain your reasoning.