Which of the following require firms to pay to pollute? i) corrective taxes
Ii) tradable pollution permits
Iii) pollution regulations
A) i) only
B) both i) and ii)
C) iii) only
D) both ii) and iii)

Question

Quizplus · Accepted Answer

Corrective taxes and tradable pollution permits are market-based instruments that require firms to pay for the pollution they produce. Pollution regulations, on the other hand, set specific standards or limits on pollutant emissions and do not necessarily require firms to pay for the pollution they produce.

Which of the Following Require Firms to Pay to Pollute