Cap and Trade is a system that _______________.
A) has been repealed by Congress as useless in diminishing pollution
B) permits industries that pollute under the federal cap to sell credits to industries that pollute over the cap
C) rapidly brings pollution emissions to near zero for participating industries
D) allows industries to set their own levels for pollution emission so trading can continue
E) specifies a certain cap on industrial pollutants that can be traded to other nations

Question

Quizplus · Accepted Answer

Cap and Trade allows for industries that exceed their regulated cap on pollution emissions to purchase credits from industries that emit below their regulated cap, ultimately incentivizing industries to pollute less and creating a market for pollution credits. It has not been repealed by Congress and does not rapidly bring emissions to zero or allow industries to set their own levels for pollution emissions. It also does not specify trading between nations.

Cap and Trade Is a System That _______________