QUESTION 34
A system of transferable pollution rights:
| a. |
is not as cost-effective in reducing pollution as a system based on compliance standards. |
|
| b. |
is characterized by none of the above. |
|
| c. |
increases the quantity of pollution generated. |
|
| d. |
provides firms with an incentive to develop new pollution-abatement technologies. |
Ans) the correct option is d) provides firms with an incentive to develop new pollution-abatement technologies
QUESTION 34 A system of transferable pollution rights: a. is not as cost-effective in...