An Energy Exporting Country Stands to Gain

question 14

Multiple Choice

An energy exporting country stands to gain

• A)under a cap and trade system if the supply of crude is kept below the level achieved with a price on emissions.
• B)under a cap and trade system if the supply of crude is kept over the level achieved with a price on emissions.
• C)under a carbon tax system if the supply of crude is kept below the level achieved with a price on emissions.
• D)under a carbon tax system if the supply of crude is kept over the level achieved with a price on emissions.