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?
Undertakings Adding to Ecological Change in South Africa
In South Africa, a couple of key endeavors basically add to ecological change. Here
are the fundamental givers, how they contribute, and suggested control
measures:
1. Energy Industry
o Contribution: The energy region, particularly coal-ended power plants, is
the greatest wellspring of ozone draining substance transmissions in South Africa.
The country relies strongly upon coal for power age, which prompts critical CO2
surges.
o Mitigation:
Progress to harmless to the ecosystem power sources, for instance,
daylight based, wind, and hydroelectric power.
Doing energy viability gauges across the area.
Placing assets into carbon catch and limit (CCS) headways.
2. Mining Industry