Setting emissions standards for each industry, while allowing companies to trade so-called carbon credits, is an approach to environmental policy known as

Question

Quizplus · Accepted Answer

Cap-and-trade is an approach to environmental policy that sets a limit on the amount of emissions allowed for each industry and then allows companies to trade carbon credits to meet those limits. This approach has been used in various countries, including the United States, to reduce greenhouse gas emissions and address climate change. The other choices (B) the green alternative, (C) NIMBY, and (D) the Gore protocol are not related to this approach to environmental policy.

Setting Emissions Standards for Each Industry, While Allowing Companies to Trade