Representatives Waxman of California and Markey of Massachusetts proposed a law to limit greenhouse gas emissions from electricity generation and require electricity producers to generate a minimum percentage of power using renewable fuels, with some rights to emit to be auctioned. The Congressional Budget Office estimated that the government would receive $846 billion from auctions and would spend $821 billion on incentive programs and compensation for higher energy prices. Electricity producers would spend $208 million a year to comply with the new rules. (Think of these dollar amounts as dollars' worth of other goods and services.) Is the $846 billion that electricity producers pay for the right to emit greenhouse gasses part of the opportunity cost of producing electricity?
Solved
Show answers
More tips
- F Family and Home Do You Really Need a Playpen for Your Child?...
- F Food and Cooking Do Aphrodisiacs Really Work? Separating Fact from Fiction...
- C Computers and Internet Log-in: what is it and why do you need it?...
- S Style and Beauty Secrets of Tying a Pareo: 5 Ways...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
Answers on questions: Business
- B Business Which of the following represents procurement as part of the support value activities in a value chain analysis? a. providing technical support for the manufacturing processes...
- B Business During carl’s first semester in college, he walks through his student union building everyday on his way to classes. at the beginning of the semester, he easily gets distracted...
- B Business If individuals and companies believe they can pursue rewards without facing the risks that should be attached to those pursuits, they are more likely to engage in irresponsible...
- B Business Please help from 1 - 12...
- M Mathematics If a score in a distribution changes in numerical value, it will necessary change...
- H History Article 1: Convention Bosses Is this a primary source? Explain....
- H History The new approach to education established in Nazi Germany?...
- M Mathematics Direct Variation: If y = 20, when x = 8, find y when x = 40. A. 10 B. 80 C. 50 D. 100...
- C Chemistry In its 29.5-day cycle the time of moonrise changes by 24 hours. How much does the time of moonrise change each day?...
- E English Tybalt’s response to seeing Romeo, how is Tybalt a foil for Romeo?...
Ответ:
4,280 tickets were sold
Step-by-step explanation: