In a Well-Functioning Cap-And-Trade System for Pollution Rights, Society Benefits

question 182

True/False

In a well-functioning cap-and-trade system for pollution rights, society benefits because pollution will be brought down to insignificant levels.

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Definitions:

Voluntary Sector

Refers to the segment of society that includes nonprofit organizations and entities that operate primarily through voluntary action and philanthropy, distinct from the public and private sectors.

Johnson Amendment

A U.S. law that prohibits tax-exempt organizations from endorsing or opposing political candidates, to maintain separation of church and state.

President Trump

The 45th President of the United States, Donald J. Trump, who served from January 20, 2017, to January 20, 2021.

501(c)(3)

A section of the U.S. Internal Revenue Code that provides a tax-exempt status to nonprofit organizations that are charitable, religious, educational, scientific, or literary in nature.