This article suggests the UK is wasting energy and producing more CO2 than it should as we still use old fashion lightbulbs
a) Why are these lightbulbs an example of a demerit good?
b) What methods could the government use to try and overcome this market failure?
c) Which approach(es) would you recommend they use, and why?
http://environment.guardian.co.uk/energy/story/0,,1938668,00.html
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