Lecture 6 Flashcards
Intergovernmental Panel on Climate Change (IPCC)
hundreds of climate change experts gather to talk about the implications of climate change and how to alleviate it
median voter theorem
all politicians’ platform converge to median
politicians converge strategically to their opponents to capture votes
Yellow Vests
round of protests in France against a carbon tax that increased gas prices
carbon tax
make people pay according to their environmental degradation
internalizes externality
2 possibilities to reduce energy consumption
1) increase price
2) subsidies for new techno
OPower program
social comparison-based home energy reports
> repeatedly mailed to more than 6M households nationwide
OPower reports
1) personalized energy use feedback
2) social comparisons
3) energy conservation info
seasonal effect
energy consumption changes depending if it is summer or winter