A Major Problem with Using Tradable Emissions Allowance System to Control

question 195

Multiple Choice

A major problem with using tradable emissions allowance system to control pollution is

• A) that it grants firms a license to pollute.
• B) the difficulty in determining the emissions target.
• C) it discourages firms from implementing cost-effective pollution control technology.
• D) that it does not eliminate pollution completely.

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Definitions:

Incarceration

The state of being confined in prison; may also refer to the system of punishment within a legal framework.

Labor Force Participation

The percentage of the working-age population that is either employed or actively seeking employment.

Pace Of Life

The speed at which life's activities and events occur, varying greatly between different societies and within urban versus rural settings.

Secularism

The principle of separating the government institutions and the persons mandated to represent the state from religious institutions and religious dignitaries.