Instructions

Study the following graph and answer the questions that follow

Question 59

If US and China, decide to buy carbon credits, from Spain and Ukraine to make up for their high emissions, then in how many years US, and China would be able to bring down its ratio of $$CO_2$$ emission (million ton) to per capita income to world standard benchmark of 0.75. (per capita income of the given countries remain same, 0.5 $$CO_2$$ emissions [million ton] is compensated by purchase of 1.25 units of carbon credit, and a country can buy carbon credit units in three lots of 15, 20 and 30 units in a single year.)

Solution

CO2 emission required for USA = 225 million tonnes
CO2 emission required for China = 202.5 million tonnes
Required reduction for USA = 975 million tonnes
Required reduction for China = 977.5

O.5 million tone of CO2 ----> 1.25 carbon credits

In one year, a country can purchase 65 carbon credit

In one year, 26 million tonnes of CO2is compensated.
Required time =  977.5 / 26 = 37.59 years

Hence, option B is the correct answer.


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