Emission rate trading is a trading system designed to achieve more efficient pollution control.It can be described as:
A) a program that issues tradable permits in order to limit aggregate emissions
B) a program that regulates the rate at which pollutants are emitted
C) a program that sets a standard for emission that no firm can exceed
D) a program that allows new firms to pay existing firms to reduce their emissions below a standard
Correct Answer:
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