Within environmental regulation, the "cap-and-trade" principle produces a market that allows companies to purchase and sell what?
A) hats that promote environmental awareness
B) shares of stock in renewable energy sources
C) emission allowances
D) space in landfills
E) carbon reduction sweepers

Question

Quizplus · Accepted Answer

The "cap-and-trade" principle creates a market for companies to buy and sell emission allowances, which essentially sets a cap on the total amount of pollution that can be emitted and allows companies with lower emissions to sell their unused allowances to companies that exceed their cap.

Within Environmental Regulation, the "Cap-And-Trade" Principle Produces a Market That