Climate Change Economics

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Questions and Answers

What is the probable cause of global warming mentioned in the text?

  • Natural climate variability
  • Strong economic growth and use of cheap fossil fuels (correct)
  • Deforestation
  • Solar activity

What is the Paris Agreement's stated objective regarding the rise in temperature by 2100?

  • To limit the rise in temperature to +2.5°C
  • To limit the rise in temperature to +3°C
  • To limit the rise in temperature to +2°C (correct)
  • To limit the rise in temperature to +1.5°C

What is the remaining carbon budget to limit the rise in temperature to +2°C by 2100?

  • 800Gt of CO2 (correct)
  • 500Gt of CO2
  • 1000Gt of CO2
  • 600Gt of CO2

What are the likely economic consequences of global warming mentioned in the text?

<p>Indirect: sea level rising, extreme events occurring. Direct: negative impact on labor productivity (A)</p> Signup and view all the answers

What is the global emissions rate mentioned in the text?

<p>42Gt per year (C)</p> Signup and view all the answers

What is the Kaya equation used to correlate with?

<p>Economic growth and CO2 emissions (C)</p> Signup and view all the answers

What is the Paris Agreement's remaining carbon budget to limit the rise in temperature to +2°C by 2100?

<p>800Gt of CO2 (A)</p> Signup and view all the answers

What is the average annual temperature increase associated with human influence?

<p>1°C (C)</p> Signup and view all the answers

What is the global emissions rate mentioned in the text?

<p>42Gt per year (B)</p> Signup and view all the answers

What is the stated objective of the Paris Agreement regarding the rise in temperature by 2100?

<p>To limit the rise in temperature to +2°C (A)</p> Signup and view all the answers

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