If the Government Wanted to Efficiently Limit the Emission of Carbon

question 30

Multiple Choice

If the government wanted to efficiently limit the emission of carbon monoxide by all firms to exactly 4 million tons it could

• A) issue rights to pollute worth 4 million tons and let the firms trade those rights in a market.
• B) appeal to firms' environmental conscience to pollute less.
• C) subsidize production.
• D) rely on the Coase Theorem.

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Definitions:

Civil Rights Movement

A decades-long struggle by African Americans and allies to end institutionalized racial discrimination, disenfranchisement, and segregation in the United States.

Miles Davis

An influential American jazz musician known for his significant contributions to the development of jazz music through various styles and eras.

Segregation

The enforced separation of different racial groups in a country, community, or establishment, often resulting in the use of separate facilities and services.

Chief Justice

The highest-ranking judge in a supreme court, responsible for leading the judiciary and presiding over cases of the highest importance.