A scheme that is designed to reduce greenhouse gases by providing economic incentives to achieve a reduction in these gas emissions is known as:

Question

Quizplus · Accepted Answer

An emissions trading scheme, also known as a cap-and-trade system, is a market-based approach to reducing greenhouse gas emissions. It works by putting a limit or cap on the amount of emissions that companies can produce, and then allowing them to buy or sell permits to emit these gases. This creates a financial incentive for companies to reduce their emissions and rewards those who do so successfully. Systems thinking and the ecological footprint scheme are related to sustainability and environmental impact assessment but are not specifically designed for reducing greenhouse gases. The balanced scorecard is a management tool for measuring organizational performance and does not relate to the reduction of greenhouse gases.

A Scheme That Is Designed to Reduce Greenhouse Gases by Providing