Some politicians rally against using the market to reduce pollution because
A)pollution charges and tradable permits allow firms to pollute as long as they can pay for it.
B)polluting firms do not care about the environment, so something must be done.
C)government-run industries have been better at controlling their pollution costs when compared to privately run firms
D)pollution charges and tradable permits do not penalize polluting firms.

Question

Quizplus · Accepted Answer

Some politicians believe that pollution charges and tradable permits allow firms to continue to pollute as long as they can afford it, rather than actually reducing pollution. They argue that this approach does not penalize polluting firms enough and does not incentivize them to reduce their pollution levels.

Some Politicians Rally Against Using the Market to Reduce Pollution