Consider the following argument and explain whether or not it is valid, and why: As economic development

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Consider the following argument and explain whether or not it is valid, and why:

“As economic development leads to increased oil use, oil prices will also rise, causing businesses and consumers to begin to conserve and cut back their oil use. Thus, climate change will not come into effect.”

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Environmental Economics

ISBN: 9781138960695

1st Edition

Authors: Shunsuke Managi , Koichi Kuriyama

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