In a cap and trade system, 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:

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Tradable emissions permits are licenses that can be bought and sold by polluters, allowing them to emit a certain amount of pollutants during a specific timeframe. This system creates a market for emissions and allows for greater flexibility and efficiency in reducing overall emissions. Emissions taxes and corrective taxes are different systems for regulating pollutants, while environmental standards refer to regulations that dictate specific emission limits without the ability to trade permits.

In a Cap and Trade System, Licenses That Can Be