The success of emissions trading programs in limiting pollution depends primarily on

Question

Quizplus · Accepted Answer

The size of the initial cap and how often it is lowered are both important factors in the success of emissions trading programs. If the initial cap is set too high, there will not be enough incentive for companies to reduce their emissions. Additionally, if the cap is not lowered frequently enough, there will not be enough pressure on companies to continue reducing their emissions. Therefore, the size of the cap and how often it is lowered are both key factors in the success of emissions trading programs.

The Success of Emissions Trading Programs in Limiting Pollution Depends