https://youtu.be/zD64kaTY5Vg

Q U E 5 TI ON 1 Watch the video embedded below to answer questions 1 10 of this activity. You can also watch the video on YouTube. Carbon Pricing, Explained With Chickens Q t. IIYuuTuhe Question 1 What are activities associated with the high carbon emissions farm where Sally lives? Select all that apply. D Integrated crop management systems D Coalbased electricityr D Dieselbased vehicles D Locally sourced feed D Factory-produced feed D Solar electriciti,r sources OIIFQTIHM 9 QUESTION 2 What are activities associated with the low carbon emissions farm where Colin lives? Select all that apply. C] Locally sourced teed C] Coalbased electricity C] Factoryproduced feed C] Monoculture farming C] Dieselbased vehicles C] Solar electricity sources QUESTION 3 Carbon dioxide emissions as a byprodud of production is a negative extemality because: 0 The marginal cost to the producer is greater than the marginal cost to society. 0 There is no marginal social cost. 0 The total cost [producer + society) is less than the marginal cost to the producer 0 The total cost [producer + society) is greater than the marginal cost to the producer QUESTION 4 Why is government intervention necessary to increase renewable energy resources? 0 The technology does not exist 0 The technology is often more expensive than burning fossil fuels 0 The technology could only be used by a few producers QUESTION 5 What is not a direct benefit of cap and trade (pollution permit) markets? O Increased investment in renewable energy resources O Lower overall emissions O Increased government revenue O Less market distortions relative to taxation QUESTION 6 What is a way that governments can reduce emissions of carbon dioxide? Select all that apply. Fine companies that emit more carbon dioxide that they are allowed O Tax purchases of fossil fuels O Sell permits for carbon dioxide emissions O Cap the amount of carbon dioxide that a manufacturer can emit QUESTION 7 Cap and Trade policies limit the amount of carbon dioxide a manufacturer can emit, but a manufacturer can buy permits from another manufacturer if it wants to emit beyond the cap. According to the video, cap and trade policies are preferred to carbon taxes because: O The cost to the manufacturer is lower with carbon taxes The government earns more revenue with cap and trade policies O Cap and trade policies provide more information on the cost of pollution remediation O Cap and trade policies provide more control on the quantity of emissionsQUESTION 8 Acarbon tax requires man utacturers, such as Sally's farm, to pay an additional fee for purchasing fossil fuels. This causes the cost of producing Sally to: 0 decrease 0 stay the same 0 increase QUESTION 9 Why is it currently more expensive to raise Colin than Sally? 0 Renewable energy sources are less expensive 0 Renewable energy sources are more expensive 0 Colin's fam'l has more chickens on it Q Sally's farm has more chicken on it QUESTION 10 Which of the following is a true statement? 0 The cost of carbon emissions is higher in Mexico than in the US 0 The cost of carbon emissions is lower in Mexico than in the US 0 The cost of carbon emissions is the same in Mexico as in the US