Many People Around the World Are Worried About Global Warming

Multiple Choice

Many people around the world are worried about global warming, yet the consumption of oil-derived products is not falling.One possible solution to this problem could be:

A) for the United Nations to outlaw the extraction of oil
B) for oil-rig workers to work together to reduce the amount of oil they extract from the ground
C) for environmental groups to bargain with oil producers, as per the Coase theorem
D) for companies to internalise the externality by joining together and acting as a single company