Which of the following is an environmental policy based on marketable pollution permits?

Question

Quizplus · Accepted Answer

Allowing automobile drivers to buy and sell the right to a certain level of automobile emissions describes a marketable pollution permit system, where the government sets a limit on emissions and issues permits, which companies can buy or sell depending on their emission levels. This system incentivizes companies to reduce their emissions to sell off their excess permits, and effectively reduces overall pollution. Choices A, B, and D do not represent a marketable pollution permit system.

Which of the Following Is an Environmental Policy Based on Marketable