Which factor is an environmental standard?
A) tradable emission permits
B) taxes on the level of pollution
C) legal limits on sulphur dioxide emissions
D) production subsidies

Question

Quizplus · Accepted Answer

Legal limits on sulphur dioxide emissions are an environmental standard that directly regulates the level of pollution emissions. Tradable emission permits, taxes on the level of pollution, and production subsidies are economic instruments used to indirectly regulate pollution levels by providing market incentives for firms to reduce their emissions, rather than setting a specific standard for emissions.

Which Factor Is an Environmental Standard