BRILLIANT TUTOR
ECS4862
Assignment 3
DUE 16
August 2024
[Year]
[Type the company address]
, Book
Advanced Macroeconomics
ECS4862 Assignment 3 (COMPLETE ANSWERS) 2024 - DUE 16 August
2024 ;100 % TRUSTED workings, explanations and solutions.
Economists describe climate change as a market failure due to the
inability of organisations to account for the release of greenhouse
gases into the atmosphere during production and consumption
processes. Which industries or firms in your country contribute a lot
to climate change, how do they contribute and what should be done
to mitigate the environmental impact of these firms? What does the
Kyoto protocol and the Paris agreement propose to minimise the
negative impact of climate change?
Enterprises Adding to Environmental Change in South Africa
In South Africa, a few key enterprises essentially add to environmental change.
Here are the essential donors, how they contribute, and recommended
moderation measures:
1. Energy Industry
o Contribution: The energy area, especially coal-terminated power plants, is
the biggest wellspring of ozone depleting substance emanations in South Africa.
The nation depends intensely on coal for power age, which prompts significant
CO2 outflows.
o Mitigation:
Progress to environmentally friendly power sources, for example, sunlight
based, wind, and hydroelectric power.
Carrying out energy effectiveness estimates across the area.
Putting resources into carbon catch and capacity (CCS) advancements.
2. Mining Industry