How Did the Emissions Trading Scheme in Europe Privatize a Public

question 6

Multiple Choice

How did the Emissions Trading Scheme in Europe privatize a public good?

• A)The system sold off government-owned firms to more efficient private owners.
• B)European governments became less involved in offsetting goals for pollution reduction,allowing private citizens and firms to determine the appropriate levels of pollution.
• C)European governments gave away environmentally friendly technology that had been developed using public funds.
• D)The system divided up and distributed a pollution allowance to individual firms that were contaminating clean air.

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Definitions:

Direct Dialogue

A form of communication where parties engage in discussion without intermediaries, focused on clear and immediate exchange.

Third-Party Intervention

The involvement of an external entity in resolving disputes or conflicts between other parties, aiming to facilitate a negotiated solution.

Mediator

A neutral third party who facilitates a negotiated solution by using reasoning, persuasion, and suggestions for alternatives.

Arbitrator

A neutral third party tasked with making a decision in a dispute between two or more parties.