The process of firms buying and selling the right to pollute is an example of which type of environmental regulation?

Name: The process of firms buying and selling the right to pollute is an example of which type of environmental regulation?
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Question

Quizplus · Accepted Answer

Market-based environmental regulation involves the use of market incentives to encourage firms to reduce pollution. Buying and selling of the right to pollute falls under this category in the form of emissions trading or cap and trade programs.

The Process of Firms Buying and Selling the Right to Pollute