Various countries including Australia, Ireland, and the United States require that firms sell more fuel efficient light
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Various countries including Australia, Ireland, and the United States require that firms sell more fuel efficient light bulbs (such as compact fluorescent bulbs) instead of incandescent light bulbs. The objective of these restrictions is to reduce carbon and global warming. What alternative approaches could countries use to achieve the same goals? What are the advantages and disadvantages of a ban relative to the alternatives?
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There are several alternative approaches that countries could use to achieve the goal of reducing carbon emissions and global warming without resortin...View the full answer
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