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Moral objections to the use of effluent subsidies to help firms reduce their emissions arise from the idea that .
Association
A group of people linked by a common purpose or interest, often formed to carry out a specific activity or to advocate for a cause.
Causation
The relationship between cause and effect, where one event (the cause) directly leads to another event (the effect).
Ceteris Paribus
A Latin phrase meaning "all other things being equal," used in economics to isolate the effect of one variable on another by holding all other relevant factors constant.
Premature Harvesting
The process of collecting or using resources before they have reached an optimal level of growth or value, which can lead to inefficiency or resource depletion.
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