When there are substantial differences among sources and technologies in terms of the costs of reducing greenhouse gasses (GHG), the use of __________ is more cost effective than the use of _____________.

Question

Quizplus · Accepted Answer

Incentive-based policies, such as carbon taxes or cap-and-trade systems, allow for flexibility and cost-effectiveness by letting market forces determine the most efficient ways to reduce emissions. Command and control policies, on the other hand, mandate specific limits or technologies, which may not be the most cost-effective solution across diverse sources and technologies.

When There Are Substantial Differences Among Sources and Technologies in Terms