Tradable pollution permits:
A) have helped reduce sulfur dioxide emissions but not carbon emissions.
B) have helped reduce sulfur dioxide and carbon emissions.
C) have not helped reduce any pollution emissions.
D) are widely viewed as an ineffective way to reduce pollution.

Question

Quizplus · Accepted Answer

Tradable pollution permits have been implemented in various countries to help reduce both sulfur dioxide and carbon emissions. This market-based approach allows companies to buy and sell permits to emit a certain amount of pollution, which creates an incentive for companies to reduce their emissions in order to sell their surplus permits. Studies have shown that this approach has been effective in reducing both sulfur dioxide and carbon emissions in various countries, such as the United States and the European Union.

Tradable Pollution Permits