Asked by
Vidhi Patel
on Nov 21, 2024
Verified
The United States Acid Rain Trading Program of 1990 set up what type of incentive for reducing acid rain?
A) Marketable discharge permits.
B) Government subsidies.
C) Green taxes.
D) Direct regulation.
E) Tort law.
Acid Rain Trading Program
The Acid Rain Trading Program is a market-based initiative in the United States aimed at reducing sulfur dioxide and nitrogen oxides emissions, primary contributors to acid rain.
Marketable Discharge Permits
Environmental regulatory tools that allow companies to buy or sell allowances for emissions or discharges, promoting flexible compliance with pollution controls.
- Gain insight into the function of environmental regulatory mechanisms, notably tradable emission allowances and the consequences of levying taxes on pollutants.
Verified Answer
JN
Learning Objectives
- Gain insight into the function of environmental regulatory mechanisms, notably tradable emission allowances and the consequences of levying taxes on pollutants.
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