Statement I: Most Americans would be willing to give up driving to reduce auto emissions to zero.
Statement II: Trading in pollution permits is banned on the Chicago Board of Trade but has flourished on the black market.

Question

Quizplus · Accepted Answer

Statement I is false because surveys and studies generally show that while many Americans are concerned about climate change and pollution, a majority are not willing to give up driving entirely. Statement II is false because trading in pollution permits, also known as emissions trading or cap and trade, is not banned on the Chicago Board of Trade. In fact, emissions trading is a recognized market mechanism used worldwide to control pollution by providing economic incentives for achieving reductions in the emissions of pollutants.

Statement I: Most Americans Would Be Willing to Give Up