Under the European System of Carbon Emissions Caps

question 83

Multiple Choice

Under the European system of carbon emissions caps:

• A) all industries can pollute an unspeci?ed quantity if they pay a one-time fee.
• B) industries with a surplus of permits trade with those that have a shortage.
• C) polluting industries have an incentive to invest in pollution-generating technology.
• D) the marginal private costs of pollution for polluting ?rms are reduced.

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Definitions:

NaOCl

Sodium hypochlorite, commonly known as bleach, a chemical widely used as a disinfectant and bleaching agent.

Acetic Acid

Acetic acid is a weak carboxylic acid with the chemical formula CH3COOH, recognizable by its sour taste and pungent smell, commonly found in vinegar.

Isopropyl Alcohol

A secondary alcohol commonly used as a solvent and disinfectant, known for its ability to evaporate quickly.

Acetone

A volatile, colorless solvent widely used in organic chemistry and as a nail polish remover, known for its ability to dissolve many plastics and synthetic fibers.