Refer back to Example 18.5 on global warming. Table 18.3 (page 683) shows the annual net benefits

Question:

Refer back to Example 18.5 on global warming. Table 18.3 (page 683) shows the annual net benefits from a policy that reduces GHG emissions by 1% per year. At what is the NPV of this policy just equal to zero? Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...