Which of the Following Is True of U

question 35

Multiple Choice

Which of the following is true of U.S.efforts to curb greenhouse gas emissions?

• A)EPA required large emitters of greenhouse gases to report their annual emissions.
• B)The House of Representatives established a cap and trade program-similar to the acid rain control program-for greenhouse gas emissions.
• C)EPA is barred from taking any actions to deal with greenhouse gas emissions.
• D)EPA introduced the "tailoring rule" that requires all sources to address their greenhouse gas emissions as they get permits.

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Definitions:

Pigouvian Taxes

Taxes imposed on activities that generate negative externalities, aiming to correct market outcomes by aligning private costs with social costs.

Sulfur Dioxide Emissions

Refers to the release of sulfur dioxide gas into the atmosphere, primarily from burning fossil fuels, which can cause environmental and health problems.

Excise Taxes

Taxes charged on the sale of specific goods and services, such as alcohol and tobacco, often used as a tool for discouraging their consumption.

Sales Taxes

Taxes levied on the sale of goods and services, normally calculated as a percentage of their price.