The EPA's CAP Program for SO₂ Gave Producers an Incentive

question 24

Multiple Choice

The EPA's CAP program for SO₂ gave producers an incentive to look for cheaper ways of lowering emissions because

• A) an emissions rate was mandated for firms and the penalties were high.
• B) increasing scarcity of permits drove their price up.
• C) offset trading offered large trade gains.
• D) emissions taxes were enforced with vigor.

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Definitions:

Undue Interference

Unnecessary or improper involvement in the matters or decisions that rightly belong to another.

Evaluation

The systematic assessment of the performance, value, or quality of a project, program, or individual.

Formation Of Values

The development of personal principles and standards of behavior, influenced by factors such as culture, family, and personal experiences.

Cognitive Dissonance

The mental discomfort experienced by a person who holds two or more contradictory beliefs, ideas, or values at the same time.