Although Cap and Trade Systems Reduce Total Emission for a Given

question 46

Multiple Choice

Although cap and trade systems reduce total emission for a given pollutant, they have been criticized because

• A) the government does not specify how emission reduction will occur.
• B) some companies make money by emitting less and selling their allowance.
• C) local air quality can actually worsen when a factory purchases additional allowances.
• D) once an total emission cap is set it remains at that level indefinitely

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Definitions:

Hypercompetition Environment

A market condition characterized by rapid changes, intense competition, and strategic challenges among firms.

Strategic Intent

Strategic intent focuses and applies organisational energies on a unifying and compelling goal.

Organise Resources

The process of efficiently and effectively deploying and allocating organizational assets, including financial, human, and material resources.

Allocate Resources

The act of distributing available assets, such as time, money, and manpower, among various projects or departments to achieve organizational goals.