An advantage of tradable emissions permits is that: A. pollution costs are easier to measure than emissions taxes. B. they provide incentives for firms to develop technologies that are less polluting. C. the value that future generations place on pollution damages can be determined. D. nondegradable pollutants can be more easily controlled than degradable pollutants.

Question

Damion Alvarado

Business

19 October, 19:13

An advantage of tradable emissions permits is that: A. pollution costs are easier to measure than emissions taxes. B. they provide incentives for firms to develop technologies that are less polluting. C. the value that future generations place on pollution damages can be determined. D. nondegradable pollutants can be more easily controlled than degradable pollutants.

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Answers (1)

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Abraham Moody · Answer 1

Option "B" is the correct answer to the following statement.

Explanation:

Tradable emissions permit a type of license that controls structures and exchange schemes related to the environment. They give businesses the statutory right to pollute a volume every set period. Industries who pollute less can instead market their remaining pollution licenses to more polluting industries.

Such kinds of supports also provide opportunities for companies to build fewer polluting technology.