Assume that the federal government determines the total level of pollutants that can be discharged by...
| Assume that the federal government determines the total level of pollutants that can be discharged by city industries. A city is able to buy and sell the rights to this total discharge level with other cities. This example illustrates a(n): | |||||||||
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Homework Answers
- Option d is the answer.
- Tradable emissions permit.
- When a city is able to buy and sell the rights to this total discharge level with other cities, then it is called as tradable emissions permit. Tradable emissions permit are well used for controlling the emissions and thereby the overall pollution is also controlled. It also provides permission for an industry /city to pollute in a controlled amount for a given time period.
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Assume that the federal government determines the total level
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