Transferable emission permit schemes provide _______ incentive to invest in R&D to find cheaper methods of reducing emissions as emission taxes that achieve the same level of abatement.
A) a different
B) the same
C) a greater
D) a lower

Question

Quizplus · Accepted Answer

Transferable emission permit schemes provide the same incentive to invest in R&D to find cheaper methods of reducing emissions as emission taxes that achieve the same level of abatement, because both mechanisms make reducing emissions financially beneficial for firms.

Transferable Emission Permit Schemes Provide _______ Incentive to Invest in R&D