Enviroment

Climate Lawsuits

Question A: If cities in Ohio sued oil and gas companies to pay damages for concealing the effects of climate change, it would increase social welfare.

Question B: If cities in Ohio sued oil and gas companies to pay damages for concealing the effects of climate change, it would reduce inequality.

Question C: Cities in Ohio should sue oil and gas companies to pay damages for concealing the effects of climate change to correct for a past market failure.

Electric Utility Charges for Nuclear Power

Question A: Charges paid by customers of electric utilities to compensate electric generating facilities fueled by nuclear power are practically a transfer of income from a large number of households to a small number of investors and workers.

Question B: The economic benefits of charges paid by customers of electric utilities to compensate electric generating facilities fueled by nuclear power outweigh the economic costs.