When we compare the monitoring and enforcement requirements between emissions charges programs and transferable discharge permits, it is clear that
A) transferable discharge programs require more monitoring and enforcement efforts.
B) emissions charge programs require more monitoring and enforcement efforts.
C) there is little difference between the programs with regard to monitoring and enforcement.
D) neither program requires centralized monitoring and enforcement.

Question

Quizplus · Accepted Answer

Emissions charge programs and transferable discharge permits both require monitoring and enforcement to ensure compliance. However, the specific requirements vary depending on the program design. In general, emissions charge programs require more monitoring and enforcement efforts than transferable discharge permits. This is because emissions charge programs typically require firms to monitor their emissions continuously and report them to the regulatory authority. Transferable discharge permits, on the other hand, typically require firms to monitor their emissions only periodically and report them to the regulatory authority only if they exceed their permit limits.

When We Compare the Monitoring and Enforcement Requirements Between Emissions