In the two firm environment described above, after trading, firm 1 will 

ISO14001 and LEED certification are examples of

Uniform standard equalizes:

The optimal tax in this model is called a:

Now consider permit trading with only firms 1 and 2:   Total cap =160 permits, allocated equally .  The required aggregate abatement is:

Suppose consumer increases their contribution  by one unit.  Which of the following terms in their utility function

What is the marginal damage at ?

What is the total premium if investors price both risks?

At

What is the expected heatwave premium for a risk‐neutral investor if the probability of a severe heatwave in a year is 3%?