How Did Europe's Emissions Trading Scheme Work

question 32

Multiple Choice

How did Europe's Emissions Trading Scheme work?

• A)European countries banned trade with firms that polluted in excess of their allowances.
• B)European countries traded new antipollution technology to firms in developing countries that committed to reducing carbon emissions.
• C)Firms were given allowances for greenhouse gas emissions that they could sell or buy depending on their own efficiency.
• D)Firms in Europe established their own regulations to limit carbon emissions.
• E)European governments gave tax credits to firms that reduced their carbon emissions.

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Definitions:

Inequality

The unequal distribution of resources, opportunities, rights, and powers within a society.

Social Policies

Strategic plans and actions implemented by governments to address and manage social issues, such as poverty, education, and healthcare.

Poverty

A state where an individual or group lacks the financial resources and essentials for a minimum standard of living.

Power

The ability or capacity to direct or influence the behavior of others or the course of events.