ECS2606
ASSIGNMENT 2 SEMESTER 1 2026
UNIQUE NO.
DUE DATE: 9 APRIL 2026
, Environmental Economics - ECS2606
1. Uniform Emission Standards Across Countries [10]
As an environmental economist, I would generally argue against adopting the same
emission standards for all countries.
Reasoning:
1. Differences in economic development
Developed countries have more financial and technological capacity to reduce
emissions.
Developing countries may struggle to meet strict standards without harming
growth.
2. Differences in marginal abatement costs (MAC)
The cost of reducing pollution varies across countries.
Uniform standards ignore these differences, leading to inefficiency.
3. Equity considerations
Developed countries historically contributed more to pollution.
It is unfair to impose equal standards without considering historical
responsibility.
4. Loss of cost-effectiveness
Efficient pollution control requires reducing emissions where it is cheapest.
Uniform standards prevent cost-minimizing allocation.
ASSIGNMENT 2 SEMESTER 1 2026
UNIQUE NO.
DUE DATE: 9 APRIL 2026
, Environmental Economics - ECS2606
1. Uniform Emission Standards Across Countries [10]
As an environmental economist, I would generally argue against adopting the same
emission standards for all countries.
Reasoning:
1. Differences in economic development
Developed countries have more financial and technological capacity to reduce
emissions.
Developing countries may struggle to meet strict standards without harming
growth.
2. Differences in marginal abatement costs (MAC)
The cost of reducing pollution varies across countries.
Uniform standards ignore these differences, leading to inefficiency.
3. Equity considerations
Developed countries historically contributed more to pollution.
It is unfair to impose equal standards without considering historical
responsibility.
4. Loss of cost-effectiveness
Efficient pollution control requires reducing emissions where it is cheapest.
Uniform standards prevent cost-minimizing allocation.
