In the cap and trade program, industries would trade
A) emission allowances.
B) tax penalties.
C) facilities.
D) labor forces

Question

Quizplus · Accepted Answer

In the cap and trade program, industries are allocated a certain amount of emission allowances. If they emit less than their allowance, they can sell their extra allowances to other industries that emit more than their allowance. This system creates a market where emissions can be traded, and industries are incentivized to reduce their emissions to maximize their profits. The program does not involve trading tax penalties, facilities, or labor forces.

In the Cap and Trade Program, Industries Would Trade