Under the pollution rights approach, polluters have little or no incentive to develop improved pollution abatement technologies.

Question

Quizplus · Accepted Answer

The pollution rights approach creates a market for pollution permits, which encourages polluters to develop improved pollution abatement technologies in order to reduce their emissions and potentially sell unused permits to other polluters. This means that companies have an economic incentive to invest in cleaner technologies, which can ultimately benefit the environment.

Under the Pollution Rights Approach, Polluters Have Little or No