Reducing emissions so that the marginal benefit of an additional unit of pollution is the same for all polluters is an example of:

Question

Quizplus · Accepted Answer

This is an example of least-cost reduction in emissions, where polluters are incentivized to reduce their emissions until the marginal benefit of an additional unit of pollution is the same for all. This approach encourages cost-effective reduction of emissions while achieving the desired outcome. Option A (command and control) involves regulatory measures, Option C (moral suasion) involves persuading individuals or companies, and Option D (profit maximization) is not directly related to emissions reduction.

Reducing Emissions So That the Marginal Benefit of an Additional