To help clear the skies of acid rain, the U.S. government allows the trading of emission certificates. Such a program is an example of

Question

Quizplus · Accepted Answer

This program is an example of incentive-based regulation because it uses market mechanisms to encourage businesses to reduce pollution. By trading emission certificates, companies have a financial incentive to lower their emissions, as they can sell excess allowances to other firms.

To Help Clear the Skies of Acid Rain, the U