Emissions trading scheme is:

Question

Quizplus · Accepted Answer

Emissions trading scheme is a government scheme where emitters are required to buy emissions permits, which allow them to emit a certain amount of greenhouse gases into the atmosphere. The scheme creates a market for permits, enabling those who emit less to sell their unused permits to those who need more. This helps to reduce emissions overall, as companies that can easily reduce their emissions will do so rather than buying more permits.

Emissions Trading Scheme Is