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Use the following statements to answer this question: I. The bubble concept allows an emitter to sum emission limits for all sources of pollutants within a particular firm, and to set emissions reductions from each source as it pleases as long as the total pollutant limit at the plant is not exceeded.
II) Under an emissions offsets program, a new source of emissions can locate in a region only if their new emissions are accompanied by reduced emissions from existing sources by at least as much.
Settlements
Agreements reached by parties in a dispute outside of court, often involving a compromise.
Consumer Proposal
A legal process in Canada allowing indebted individuals to negotiate a settlement with their creditors to pay back a portion of their debts.
Insolvent Debtor
An individual or organization that cannot pay their debts as they come due, often leading to bankruptcy proceedings.
Student Loans
Financial loans provided to students to help cover the cost of higher education, which typically must be repaid after graduation.
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