Question: Finally, suppose that the project will be built no matter what. However, there is a risk (prob- ability p) that the Finnish carbon capture technology

Finally, suppose that the project will be built no matter what. However, there is a risk (prob- ability p) that the Finnish carbon capture technology fails catastrophically, causing damage H to the engineers. The engineers know that, in the event of a catastrophe, the Finnish Government will pay f to reduce this damage from H to zero. Is this efficient? How much should the Finnish Government charge the engineers for a permit to undertake this project

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