The European Union,which had adopted the Kyoto Protocol,adopted a(n)__________,which is a market based system that caps the amount of carbon dioxide that companies are allowed to emit.

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The description matches a Cap-and-Trade System, which is a market-based system that sets a cap on carbon emissions and allows companies to trade allowances to emit a certain amount of carbon dioxide. The EU has implemented such a system to comply with its Kyoto Protocol obligations. B, C, and D are not related to carbon emissions trading.

The European Union,which Had Adopted the Kyoto Protocol,adopted A(n)__________,which Is