Which of the following systems is based on industries accounting for carbon emissions through a market system?

Question

Quizplus · Accepted Answer

Cap and trade is a system in which the government sets a limit (or cap) on the amount of carbon emissions that can be released by industries, and then allows them to trade (buy and sell) permits that allow for a certain amount of emissions. This creates a market system where the most efficient and innovative companies can reduce emissions and sell their unused permits to those who have difficulty remaining within the cap.

Which of the Following Systems Is Based on Industries Accounting