Economists generally agree that _____ are the BEST way for governments to reduce greenhouse gases to address climate change.

Question

Quizplus · Accepted Answer

Market-based incentives, such as carbon taxes or cap-and-trade systems, provide economic incentives for individuals and companies to reduce their greenhouse gas emissions in the most cost-effective way possible. This approach allows for flexibility and innovation in finding ways to reduce emissions, and can also generate revenue for governments to invest in climate-friendly projects.

Economists Generally Agree That _____ Are the BEST Way for Governments