Licenses that can be bought and sold by polluters and that enable the holder to pollute up to a specified amount during a given period are called:
A)emissions taxes.
B)Pigouvian taxes.
C)tradable emissions permits.
D)environmental standards.

Question

Quizplus · Accepted Answer

Tradable emissions permits refer to licenses that can be bought and sold by polluters and allow the holder to pollute up to a specified amount during a given period. Emissions taxes (A) refer to taxes imposed on polluters for the amount of emissions they release, while Pigouvian taxes (B) are taxes designed to correct for negative externalities. Environmental standards (D) are regulations that specify the acceptable levels of pollution or other environmental impacts.

Licenses That Can Be Bought and Sold by Polluters and That