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Thursday, December 08, 2005

Latest with greenhouse gas

In my meanderings related to another course I stumbled upon some interesting information when taken in context with normative economic framework. The following article relates the latest information in regard to the greenhouse gas carbon monoxide.

Have we created a market for the disposal of greenhouse gases?
Could industry make enough of a profit through the "recycling" of greenhouse gases to offset the taxes paid to compensate for the negative externality?
What economic implications can be assumed under this new process?

Just some food for thought.
Professor Eubanks, I'd like your feedback and analysis if you have the time. Thanks.

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