Which of the following is an environmental policy based on tradable emission permits?
A) a charge to companies of $1 for every 100 units of pollutants emitted
B) paying companies $1 for each 10% reduction in emissions
C) allowing companies to buy and sell the right to a certain level of emissions
D) ignoring pollution and letting private markets operate without government interference

Question

Quizplus · Accepted Answer

Tradable emission permits, also known as cap-and-trade systems, allow companies to buy and sell the right to emit a certain level of pollutants, creating a market for emissions.

Which of the Following Is an Environmental Policy Based on Tradable