Which of the following is not true with regard to pollution control through transferable pollution rights?
A) It does not require the government to obtain information on the pollution abatement techniques being utilized.
B) It creates an incentive to develop improved pollution abatement technologies.
C) It ultimately requires all firms to reduce pollution in equal amounts.
D) It established private property rights that can be sold.

Question

Quizplus · Accepted Answer

Transferable pollution rights allocate pollution allowances based on historical pollution levels, not on equal amounts. Therefore, some firms may be required to reduce pollution more than others.

Which of the Following Is Not True with Regard to Pollution