A Cap and Trade Program Is Efficient Because the Cap

question 31

Multiple Choice

A cap and trade program is efficient because the cap protects the environment while:

• A) generating substantial revenues for the government.
• B) keeping compliance and administration costs relatively low.
• C) while requiring the same response by each polluter.
• D) none of above

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Definitions:

Atomic Weapon

A powerful weapon of mass destruction that releases energy through nuclear reactions, either fission or a combination of fission and fusion.

German Scientists

Scientists from Germany who have contributed significantly to various fields of study, including physics, chemistry, biology, and engineering, among others.

New Deal

A series of programs and projects instituted during the Great Depression by President Franklin D. Roosevelt with the aim of restoring prosperity to Americans.

Unregulated Free Market

An economic system without governmental oversight where prices are determined by unrestricted competition between privately owned businesses.