1- Comment the "old view" of the business industry regarding the environment?
2- Define "spillover."
3- Define "cost-benefit analysis."
4- Why is sometimes difficult to establish who's responsible for environmental degradation? (Hint: Americans produce 60% more garbage (1,600 pounds per person per year) than we did 30 years ago).
5- Regarding cost allocation, briefly explain the benefits or setbacks of the following:
a) Regulation
b) Incentives
c) Pricing Mechanisms
d) Pollution permits
6- Do we really have an obligation with future generations?
7- Is nature intrinsically valuable?
8- Is the welfare of animals ethical?
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