Carmen's boss is complaining about the government intrusion into his factory's operations.He told Carmen,"Washington is going to set a limit on my carbon emissions and sell me some kind of permit that lets me know exactly how many carbons I can emit.If I go over my assigned amount,I'll have to buy pollution credits from a business emitting less than its allowable amount." What program is Carmen's boss referring to?

Question

Quizplus · Accepted Answer

Carmen's boss is referring to a cap-and-trade program where the government sets a limit on carbon emissions and issues permits to businesses for a specific amount of emissions. If a business exceeds its emission limit, it must purchase pollution credits from other businesses emitting less than their allowed amount.

Carmen's Boss Is Complaining About the Government Intrusion into His