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Talk about:
-the guillotine
Transferable Permits
Licenses or rights, often issued by governments, allowing holders to emit a certain amount of pollution or use a specific amount of a resource, which can be bought or sold.
Emission Reduction
The process of diminishing the amount of pollutants released into the environment, particularly relevant in efforts to combat climate change.
Efficient Recycling
The process of collecting, processing, and reusing materials in the most cost-effective and environmentally friendly manner.
Marginal Cost
The cost incurred by producing one additional unit of a product or service.
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