Emissions permits allow polluters to pay for the right to pollute a specified amount.

Question

Quizplus · Accepted Answer

Emissions permits, also known as cap and trade systems, allow polluters to purchase a limited amount of permits that give them the right to emit a certain amount of pollutants. This creates a market for pollution rights where companies can buy and sell permits, incentivizing them to reduce their emissions to avoid having to purchase additional permits.

Emissions Permits Allow Polluters to Pay for the Right to Pollute