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Emissions
The release of gases or other substances into the environment, often associated with industrial processes, transportation, and other sources of pollution.
Emissions Fee
A charge imposed on the emission of pollutants, aimed at reducing environmental harm.
MCA
Stands for Marginal Cost of Abatement, reflecting the cost associated with reducing one additional unit of pollution.
Transferable Emissions Permits
Transferable emissions permits are allowances granted by a governing body that permit the holder to emit a specific amount of pollution; these permits can be bought and sold in a market, aiming to reduce overall pollution efficiently.
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