The Clean Air Act (CAA)prevents businesses from buying and selling pollution allowances.

Question

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The Clean Air Act (CAA) actually allows for the creation of pollution allowances, which can be bought and sold by businesses. This system is known as emissions trading or cap and trade. The CAA sets a limit (or cap) on the total amount of pollution that can be emitted and then allows businesses to trade allowances (permits to emit a certain amount of pollution). This incentivizes companies to reduce their own emissions and allows them to gain financial benefits from doing so, while also providing flexibility in how overall emissions reductions are achieved.

The Clean Air Act (CAA)prevents Businesses from Buying and Selling