The government determines a permissible amount of carbon emissions and issues a required number of permits to get to that amount. This is an example of :

Question

Quizplus · Accepted Answer

Marketable discharge permits involve the government issuing permits that allow the holder to emit a certain amount of pollution. These permits can be bought and sold, providing an incentive for companies to reduce emissions in order to sell their excess permits.

The Government Determines a Permissible Amount of Carbon Emissions and Issues