Marketable pollution permits are a(n) :
A) tax system for internalizing pollution costs to the market.
B) subsidy system for charging consumers for the use of common property resources.
C) system of voluntary negotiations between polluters and damaged parties.
D) organized exchange of licenses that enable the holder to pollute up to a specified amount during a given time period.
Correct Answer:
Verified
Q80: A regulatory approach that establishes a level
Q81: In general, the command-and-control approach to correcting
Q82: An incentive approach to pollution control is:
A)
Q83: The organized exchange of licenses that enable
Q84: According to many economists, the role of
Q86: Marketable pollution permits reduce pollution by:
A) promoting
Q87: Creating market-like _ to encourage reductions in
Q88: Markets allocate resources _ when the _
Q89: A charge that is equal to the
Q90: When marketable pollution permits are used, if
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