EBF 200
Introduction to Energy and Earth Sciences Economics


Summary and Final Tasks


In this lesson, we looked at what is likely to be the largest issue facing the energy business over the next quarter-century - the issue of climate change and carbon reduction. We looked at the basic physics of the greenhouse effect, and why carbon emissions from fossil-fuel combustion may be causing undesirable changes in the earth's atmosphere. We looked at the public goods/market failure aspects of carbon emissions, and looked at some of the policy options available to address this issue. We examined several controversies and contentious issues surrounding carbon reduction policy, and then we examined some of the strategies for reducing carbon output.

If you log in to Canvas, you will find the task to be completed for this lesson: an online multiple choice quiz.

Have you completed everything?

You have reached the end of Lesson 10! Double check the list of requirements on the first page of this lesson to make sure you have completed all of the activities listed there.

Tell us about it!

If you have anything you'd like to comment on or add to the lesson materials, feel free to post your thoughts in the discussion forum in Canvas. For example, if there was a point that you had trouble understanding, ask about it.