According to U.S. water quality control policy, tradeable effluent permits
A) can be used to control both point and nonpoint polluting sources
B) can achieve cost savings as long as polluters' MACs are unequal
C) are generally sold by low-cost abaters
D) all of the above
E) none of the above

Question

Quizplus · Accepted Answer

Tradeable effluent permits can indeed be used to control both point and non-point sources of pollution, achieve cost savings when marginal abatement costs (MACs) among polluters are unequal, and are typically sold by low-cost abaters who can reduce pollution at lower costs and sell their excess permits to higher-cost abaters.