A ______ program is an emissions-control policy and market incentive which might give away and/or sell through auctions various credits for the right to release greenhouse gases, which could be bought and sold by coal-fired power plants, oil refineries, and manufacturers.
A) proactive policy approach
B) cap-and-trade
C) CAFÉ standard
D) carbon tax

Question

Quizplus · Accepted Answer

The description given matches the cap-and-trade program, where companies are given or sold emissions credits and can buy or sell them based on their emissions levels. Options A and C are not related to emissions control policies. Option D refers to a different type of emissions control policy where companies are taxed based on their carbon emissions.

A ______ Program Is an Emissions-Control Policy and Market Incentive