_____ is a market-based pollution abatement scheme in which emissions are limited and sources must hold tradable permits equal to the amount of their discharges.
A) Command-and-control
B) Carbon tax regime
C) Cap and trade
D) Carbon fees with rebates

Question

Quizplus · Accepted Answer

Cap and trade is a market-based pollution abatement scheme in which emissions are limited, and sources must hold tradable permits equal to the amount of their discharges. The cap is the maximum amount of emissions allowed, and the permits can be traded among the sources. This system incentivizes sources to reduce their emissions and rewards those who do so by allowing them to sell their excess permits.

_____ Is a Market-Based Pollution Abatement Scheme in Which Emissions