Cap-and-trade systems are also called ________.

Question

Quizplus · Accepted Answer

Cap-and-trade systems are also known as tradable permits systems, where a government sets a limit, or cap, on the total amount of a particular pollutant that can be emitted by different entities, such as companies or industries. These entities are then given permits or allowances to emit a certain amount of pollution, and those who emit less can sell their extra permits to those who emit more. This creates a market for these permits, which can be bought and sold, hence the name "tradable permits systems."

Cap-And-Trade Systems Are Also Called ________