The licenses that can be bought and sold by polluters and that enable the holder to pollute up to a specified amount during a given period are called:
A) emissions taxes.
B) Pigouvian taxes.
C) tradable emissions permits.
D) environmental standards.

Question

Quizplus · Accepted Answer

Tradable emissions permits are licenses that can be bought and sold, allowing the holder to emit a certain amount of pollution, thus providing flexibility and economic incentives for reducing emissions.

The Licenses That Can Be Bought and Sold by Polluters