A System in Which Power Plants Buy and Sell the Right

question 159

Multiple Choice

A system in which power plants buy and sell the right to pollute in the form of emission credits is known as:

• A) a voluntary program.
• B) direct regulation.
• C) a tax incentive program.
• D) a market incentive program.

---

Definitions:

Importance

the significance or value attached to something based on its relevance or impact.

Sherman Act

A foundational United States antitrust law enacted in 1890 to prohibit monopolies and practices that restrained trade and competition.

1890

A year significant in economic history, notably for the Sherman Antitrust Act's passage in the United States to combat anti-competitive practices.

Major Features

Principal characteristics or components that distinguish something from others.