Of the following, ______________ are market mechanisms for addressing climate change.
A) carbon taxes and fee-and-dividend benefits
B) mitigation and adaptation
C) international treaties from global conferences
D) carbon neutrality and carbon aggression policies
E) cap-and-trade and carbon offsets

Question

Quizplus · Accepted Answer

Cap-and-trade and carbon offsets are both market mechanisms for addressing climate change. Cap-and-trade sets a limit on emissions and allows companies to buy and sell permits for emissions, creating a market incentive to reduce emissions. Carbon offsets allow companies to offset their emissions by investing in projects that reduce emissions elsewhere, such as renewable energy projects or reforestation efforts.

Of the Following, ______________ Are Market Mechanisms for Addressing Climate