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Give examples of externalities that we observe, and even contribute to, in our daily lives. Briefly discuss their potential economic and social costs. As of

  1. Give examples of externalities that we observe, and even contribute to, in our daily lives. Briefly discuss their potential economic and social costs.
  2. As of 2019, over 70 jurisdictions, representing about 20% of global greenhouse gases emissions, have put a price on carbon. Can a "national" carbon tax reduce "global" warming? What other 'climate actions" should be taken by individuals, businesses and governments?

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