Emissions Trading Scheme Is

question 30

Multiple Choice

Emissions trading scheme is:

• A) a scheme involving trading in emissions (tonnes).
• B) the scheme adopted by Barack Obama.
• C) a part of game theory looking at interactions of the polluters and consumers.
• D) a government scheme requiring emitters to buy emissions permits.

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Definitions:

High Price

The condition of an item or service being sold at a rate significantly above average or expected market value.

Simultaneous Move Game

A scenario in game theory where all players make their decisions or moves at the same time, without knowledge of the other players' actions.

Bargain Hard

The process of negotiating with determination and strategic prowess to achieve favorable terms or prices in a deal or transaction.

Accommodate

To make a suitable adjustment or provide space and facilities for something or someone.