Alternative approaches for reducing carbon dioxide emissions are
A)carbon taxes and carbon scrubbing.
B)carbon trading and carbon subsidies.
C)carbon taxes and tradable emission allowances.
D)burning low carbon coal and deforestation.

Question

Quizplus · Accepted Answer

Carbon taxes and tradable emission allowances are effective market-based solutions that create incentives for industries and individuals to reduce their carbon footprint. Carbon taxes impose a fee on the amount of carbon dioxide emitted, while tradable emission allowances allow companies to trade their emission permits, creating an efficient market that rewards those who emit less. This approach has been shown to be successful in reducing emissions in countries such as Sweden and the UK. On the other hand, carbon scrubbing and subsidies may not be effective enough to reduce emissions on a large scale, and burning low carbon coal and deforestation actually contribute to the problem rather than reducing it.

Alternative Approaches for Reducing Carbon Dioxide Emissions Are