As informed by the following definition of neighborhood effects and video links (located below), please provide an argument as to whether (and, if so, to what extent) the state (meaning, governments) may justifiably enact laws seeking to prevent and/or regulate any impacts of anthropogenic climate change.
Are there any risks associated with such government actions? Do the benefits exceed those risks and is Friedman right when he argues that neighborhood effects sometimes create business opportunities? How so? Can you think of any opportunities?
