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Max works in a factory that produces coffee mugs. During the weekend, Max attends a barbecue in his neighborhood. Friends at the barbecue ask about work, and Max tells them about the new mug he's assembling, but also about how tired he is from long hours he is working. This illustrates the importance of ___________.
Marketable Discharge Permits
Environmental regulatory tools that allow companies to buy or sell allowances for emissions or discharges, promoting flexible compliance with pollution controls.
Direct Regulation
Governmental control directly imposed on specific activities, sectors, or behaviors to enforce compliance with laws and standards.
Technology Forcing
A policy or regulation that requires the development of new technology to meet a specific standard.
Marketable Discharge Permits
Tradable permits allowing the holder to emit a certain amount of pollutants, aimed at reducing the overall impact on the environment.
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