Mitigation Seeks to Develop Technology Like Carbon Capture to Offset

question 80

True/False

Mitigation seeks to develop technology like carbon capture to offset greenhouse gas emissions.

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Definitions:

Tax Allowances

Deductions or adjustments to taxable income permitted by tax authorities, allowing individuals or businesses to reduce their taxable income.

Contingent Liabilities

Potential liabilities that may occur depending on the outcome of a future event, which are recorded in the financial statements if the occurrence is likely and the amount can be reasonably estimated.