What Is a Disadvantage of Cap-And-Trade Policies

question 46

Multiple Choice

What is a disadvantage of cap-and-trade policies?

• A) There is no clear legal limit on emissions.
• B) There are no rewards to cut emissions.
• C) There is no record of success.
• D) The expense to consumers is very high.
• E) The revenues are not predictable.

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Definitions:

Money

Any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context.

Issued

Issued generally refers to the official distribution or release of items such as documents, currency, or securities by an authoritative entity.

Declared

Stated or made known officially or publicly.

Unit Of Account

A standard numerical monetary unit of measurement of the market value of goods, services, and other transactions.