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Article: Profits on Carbon Credits Drive Output of a Harmful Gas 1. First, using that article as the basis, use the clean and dirty input
Article: Profits on Carbon Credits Drive Output of a Harmful Gas 1. First, using that article as the basis, use the "clean and dirty input for production" model to explain the economics of the intention of the policy. Use a clean and clear graph to describe it. This is mostly replicating my lecture explaining with changing curves and new optimums, just using the terminology from the article. (i.e. How was the policy intending to act? Explain here.) Second, as the article explains, the policy implementation is not careful, and the actual incentive is not as intended. Use the same "clean and dirty input for production" model to explain the economics of the actual effect of the policy. Again, use a clean and clear graph to describe it with changing curves and new optimums
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