The creation of markets for pollution rights would provide:
A)neither an incentive not to pollute nor revenue for environmental improvement.
B)funds for environmental improvement, but would not provide an incentive to refrain from polluting.
C)an incentive not to pollute, but would not provide funds for environmental improvement.
D)both an incentive not to pollute and revenue which could be devoted to environmental improvement.

Question

Quizplus · Accepted Answer

The creation of markets for pollution rights would provide both an incentive not to pollute (as companies would want to avoid the cost of purchasing additional pollution permits) and revenue which could be devoted to environmental improvement. This system creates a financial incentive for companies to reduce their pollution emissions since they can then sell their unused permits on the market, leading to overall pollution reductions. The revenue generated from selling permits can then be used to support further environmental initiatives.

The Creation of Markets for Pollution Rights Would Provide