U.S policy makers and legislators were not convinced that there was a need for stricter enforcement of mandatory emission limits;they prefer the creation of markets to buy and sell pollution credits,a system otherwise known as __________.
A)"cap and balance"
B)"emit and pay"
C)"voluntary compliance"
D)"trade and tax"
E)"cap and trade"

Question

Quizplus · Accepted Answer

The system described in the question is known as "cap and trade", where a cap is set on the total amount of emissions allowed and companies can buy and sell pollution credits to stay under the cap. This system is seen as a market-based solution to reducing emissions, rather than strict government regulation.

US Policy Makers and Legislators Were Not Convinced That There