The creation of a market for pollution rights would:
A)reduce air and water pollution to zero.
B)stimulate the search for pollution-reducing technologies.
C)induce an increase in the supply of pollution rights.
D)be in conflict with the concept of user charges.

Question

Quizplus · Accepted Answer

The creation of a market for pollution rights would stimulate the search for pollution-reducing technologies. This is because companies that can reduce their pollution emissions below their allotted amount can sell their unused pollution credits to other businesses that may struggle to meet their pollution limits. Therefore, there is an incentive for companies to innovate and find ways to reduce their pollution.

The Creation of a Market for Pollution Rights Would