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Equilibrium
The stage at which the market's demand matches its supply, ensuring price stability.
Emissions Tax
A tax levied on the emission of pollutants, aimed at reducing environmental harm by encouraging cleaner production methods.
Tradable Emissions Permits
A system that allows for the buying and selling of pollution allowances to regulate the total level of certain pollutants.
Equilibrium Price
The cost where the amount of a product or service sought after matches the amount available, achieving equilibrium in the market.
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