Cap and trade policies

Name: Cap and trade policies
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cap and trade policies provide financial incentives for industrial polluters to limit their carbon emissions. This is done by setting a cap on the total amount of emissions allowed and then allowing companies to trade permits for the right to emit a certain amount of pollution. This creates a financial incentive for companies to reduce their emissions and can be a more effective approach than simply imposing penalties or regulations on polluters.

Cap and Trade Policies