Carbon Leakage - Climate Change - Science Quiz Assessment Answer

Carbon Leakage - Climate Change - Science Quiz Assessment Answer

Assessment Task:

Question 

The most cost-effective policy to reduce emissions globally is

Select one:
 a. the development of a global institution for regulating emissions.
 b. a globally integrated ETS with one carbon price.
 c. a global fund to subsidise renewable energy investments.
 d. globally-integrated regulations on emissions reductions.

Question 

Carbon leakage

Select one:
 a. occurs when emissions control drives out emission-intensive industries offshore.
 b. occurs when emissions control in one country drives down emissions in another country.
 c. can be offset by imposing production taxes.
 d. occurs when WTO rules interfere with carbon markets.

Question 

Emission trading schemes:

Select one:
 a. regulate the total pollution permits through a cap.
 b. allocate permits only by selling them at a fixed price.
 c. specify the price of carbon and allow a number of permits in the scheme to vary.
 d. do not affect the international competitiveness of trade-exposed firms.

Question

The aim of the Paris Agreement on climate change is:

Select one:
 a. to reduce emissions to below 2005 levels by 2030
 b. to limit temperature increases to between 2 to 3.5 degrees Celcius
 c. to limit temperature increases to well below 2 degrees Celcius
 d. for developed countries to submit Intended Nationally Determined Contributions to reduce emissions

Question 

Which of the following is not a factor influencing the demand for emission permits?

Select one:
 a. investment in renewable energy sources.
 b. weather conditions.
 c. the level of economic activity.
 d. an auction of emission permits.

Question 

The Kyoto Protocol is seen as a 'failure' because

Select one:
 a. total emissions increased during the compliance period

b. emissions of many of the Annex 1 countries increased above target levels in the compliance period
 c. the largest emitters did not ratify
 d. All of the above

Question 

Linking international carbon markets:

Select one:
 a. improves economic efficiency.
 b. reduces the risks of carbon leakage.
 c. makes carbon markets more liquid and competitive.
 d. All of the above

Question 

Which of the following countries, in terms of total emissions, were not part of the top ten emitters (including LUCF) in 2011?

Select one:
 a. Australia
 b. Japan
 c. China
 d. Canada

Question text

Voluntary carbon markets have developed as firms or events seek to

Select one:
 a. earn revenue from selling emissions debits.
 b. offset emissions or claim carbon neutrality.
 c. meet their obligations under cap and trade schemes.
 d. All of the above.

Question

Australia's contribution to meeting the Paris agreement is set at:

Select one:
 a. reducing emissions by 5 per cent below 2005 levels by 2030
 b. reducing emissions by 45-65 per cent below 2005 levels by 2030.
 c. reducing emissions by 26-28 per cent below 2005 levels by 2030.
 d. reducing aggregate emissions by as much 10 per cent by 2025.

Question

The Emissions Reduction Fund has three elements. Which of the following is not one of them?

Select one:
 a. Crediting emissions reductions
 b. Safeguarding emissions reductions
 c. Purchasing emissions reductions
 d. Selling emissions reductions

Question 

Which of the following is not a method of allocating permits in an emission trading scheme?

Select one:
 a. Sold at variable prices
 b. Grandfathering
 c. Auctioning
 d. Free allocation

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