Taxes on emissions have led to
A)extraction of pollutants by firms from their liquid discharges.
B)recycling of pollutants in lieu of discharge as waste.
C)voluntary reduction in emissions to avoid the taxes.
D)all of the above.

Question

Quizplus · Accepted Answer

Taxes on emissions have led to all of the above outcomes. Firms have been incentivized to extract pollutants from their liquid discharges and recycle them rather than pay taxes on their emissions. Additionally, some firms have voluntarily reduced their emissions to avoid the taxes altogether.

Taxes on Emissions Have Led to