The advantages of emissions permits over taxes is/are:
A)it reduces undertainty about the quantity of pollution that will be emitted.
B)environmental authorities decide on an emissions ceiling in advance of issuing permits.
C)pollutants can be limited to levels which do not affect health.
D)All of the above are correct.

Question

The advantages of emissions permits over taxes is/are:
A)it reduces undertainty about the quantity of pollution that will be emitted. 
B)environmental authorities decide on an emissions ceiling in advance of issuing permits. 
C)pollutants can be limited to levels which do not affect health. 
D)All of the above are correct.

Quizplus · Accepted Answer

Emissions permits have the advantage of reducing uncertainty about the quantity of pollution that will be emitted, as companies are given a specific limit on their emissions. This limit is decided by environmental authorities before permits are issued, which fulfills the second advantage mentioned in option B. Ultimately, this allows pollutants to be limited to levels that do not affect health, which is the final advantage stated in option C. Therefore, all of the above options are correct.

The Advantages of Emissions Permits Over Taxes Is/are