When government attempts to reduce climate change by establishing a minimum level of fuel efficiency on new cars, it is using a(n):
A) environmental standard.
B) emissions tax.
C) Pigouvian tax.
D) tradable emissions permit.

Question

Quizplus · Accepted Answer

The government is setting a regulation that requires new cars to meet a certain level of fuel efficiency, which is an example of an environmental standard.

When Government Attempts to Reduce Climate Change by Establishing a Minimum