A ______ program is an emissions-control policy and market incentive that limits an industry's emission allowance and allows it to purchase emission permits from other lower emitting industries.
A) proactive policy approach
B) cap-and-trade
C) CAFÉ standard
D) carbon tax

Question

Quizplus · Accepted Answer

The description matches the characteristics of a cap-and-trade program, where there is a limit or "cap" on the total emissions allowed, and industries can buy and sell permits to emit below or above their allotted allowances. A proactive policy approach refers to a general strategy or attitude towards addressing a problem, rather than a specific policy tool. CAFÉ standards are fuel efficiency regulations for vehicles, and a carbon tax imposes a fee on emissions rather than setting a limit on them.

A ______ Program Is an Emissions-Control Policy and Market Incentive