An advantage of tradable emissions permits is that:
A)pollution costs are easier to measure than are emissions taxes.
B)nondegradable pollutants can be more easily controlled than can degradable pollutants.
C)the value that future generations place on pollution damages can be determined.
D)they provide incentives for firms to develop technologies that are less polluting.

Question

Quizplus · Accepted Answer

Tradable emissions permits provide incentives for firms to develop technologies that are less polluting in order to reduce their emissions and save money on permits. This encourages innovation in pollution control technology and can lead to long-term reductions in emissions.

An Advantage of Tradable Emissions Permits Is That