Economists Generally Favor the Use of Tradable Emission Allowances to Reduce

question 216

Multiple Choice

Economists generally favor the use of tradable emission allowances to reduce pollution.However, the use of these allowances has been criticized by some environmentalists.Which of the following describes this criticism?

• A)Some environmentalists believe the allowances give firms a license to pollute.
• B)Some environmentalists believe that the price of allowances is often too high for consumers to afford.
• C)Some environmentalists believe that Pigovian taxes are a more efficient way to reduce pollution.
• D)Some environmentalists oppose allowances on legal grounds; they believe the use of allowances is unconstitutional.

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Older Men

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A decline in mental function due to a medical condition or disease affecting the brain.

Age 85

A descriptor of individuals who have reached the age of eighty-five years; often associated with discussions on aging, health, and senior care.

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