1.What is the difference between the early days of the oil business and today? watch this video to answer this question :http://www.youtube.com/watch?v=TQyHtZLLN6M 2. read this and answer the question...

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1.What is the difference between the early days of the oil business and today? watch this video to answer this question :http://www.youtube.com/watch?v=TQyHtZLLN6M


2. read this and answer the question :http://en.wikipedia.org/wiki/Carbon_tax
Find an example of where a carbon tax has been implemented, then have a title : "Carbon tax in ......" filling in the ellipses with the location of your carbon tax report. Summarize the salient points of interest on this implementain. (Note: The EU is far ahead of the US in this policy area.)
some useful notes for question #2:

he two basic tools available to governments to correct market failure with regards to environmental policy: a command-and-control approach, or an incentives-based approach. The incentives based approach is favored, because it can be shown, quite convincingly, that even from a theoretical perspective that it is much more economically efficent than thecommand-and-control approach. The dual approaches have been empirically tested enough over the past few decades with actual implementations to back up this theoretical conclusion.


There are two incentive-based approaches to limiting greenhouse gases: a cap-and-trade approach or a carbon tax approach. Both are important to learn about, but unfortunately, the text does not even mention acarbon tax.At the moment, passing federal legislation to support a carbon tax seems politically impossible; witness that even thementionof global climate change has not surfaced once in the presidential campaign in 2012


3.AsH. erectuspopulations spread out over the African continent, they continued to evolve in response to environmental conditions leading to very noticeable differences between the various populations. Todayscientists view
H. erectus,as the most successful hominid to date.




Explain why this is and how this was accomplished?



Answered Same DayDec 22, 2021

Answer To: 1.What is the difference between the early days of the oil business and today? watch this video to...

Robert answered on Dec 22 2021
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There are many differences between the
early days of the oil business and today,
when they are essentially at the end of their economic cycle. In the early days of oil, it was by
far the most critical possible resource; it fuelled the development of international transport,
the construction of modern cities, enabled the ordinary man to move around the landscape far
faster than had previously been possible, and overall opened up new areas of economic
activity in which humanity could develop. However, this was at a time when industrialisation
was the core of all human activity. Today, modernisation – the increased efficiency and
sophistication of system, growth having been exhausted – is the core of our approach. As
such, even without the fact that we have surpassed peak oil, since only a fraction of exiting
reserves could be used without causing permanent damage to the environment, oil is facing
an economy radically different from its heyday.
2. Carbon tax in...
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