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Economists Prefer an Emissions Trading Scheme to Other Carbon Reduction

Question 49

Multiple Choice

Economists prefer an emissions trading scheme to other carbon reduction measures because:


A) an ETS requires continuous government intervention.
B) such a scheme achieves the highest emissions reduction price per tonne of carbon.
C) such a scheme gives all parties involved more flexibility and more control over their own decisions.
D) they don't trust government to make the right decisions.

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