________ played a large role is removing lead from the atmosphere in the United States.
A) Pigovian taxes
B) The Coase Theorem
C) Emissions charges
D) Marketable permits

Question

Quizplus · Accepted Answer

Marketable permits, also known as cap-and-trade programs, were used to reduce lead emissions from industrial sources in the United States. Under this system, the government sets a cap on the total amount of emissions allowed, and then distributes permits to companies that allow them to emit a certain amount of pollution. Companies can then choose to trade or sell their permits to other companies, creating a market for pollution reduction. This system encouraged companies to find innovative ways to reduce their emissions, and ultimately played a significant role in removing lead from the atmosphere.

________ Played a Large Role Is Removing Lead from the Atmosphere