One advantage of a carbon tax system over a cap and trade system is

Question

Quizplus · Accepted Answer

The carbon tax system displays more price stability, as companies can more easily predict their costs and adjust their emissions accordingly. Cap and trade systems, on the other hand, can be subject to fluctuations in the market and uncertainty in the price of emissions permits. Additionally, the carbon tax system does not require the complex monitoring and enforcement infrastructure of a cap and trade system.

One Advantage of a Carbon Tax System Over a Cap