Power bills to soar in 'green reforms'
Read the articles Power bills to soar by 30% in 'green' reforms and Three solutions in one to a string of problems the free market could not deal with then answer the questions below. You can either read the articles in the window below or you can follow the previous link to read the articles in a separate window.
Question 1
Define the following terms:
- Central planning
- Privatisation
Question 2
Explain the operations of the electricity market reforms (EMR).
Question 3
Analyse the costs and benefits of the proposed electricity market reforms.
Question 4
Discuss the view that government needs to regulate the energy, because the free market cannot address the issue of energy shortages without creating unacceptable negative externalities.
Extension Activity:
European Green Capital 2010
What lessons can be learned from Stockholm's approach to their urban environment and in particular their urban policies on traffic congestion, waste management, pollution and the emission of greenhouse gasses? Could these be applied in the areas where you live?
Identify and explain 5 key environmental approaches used in Stockholm that could be applied to other global cities.