What is the major advantage of a cap-and-trade system?
a) It reduces costs for companies under the cap.
b) It puts companies under the cap at a competitive advantage when foreign competitors are outside the cap.
c) It allows developed countries to meet greenhouse gas reproduction pledges by paying for carbon offset projects in developing nations.
d) It actually reduces overall emissions as the cap is lowered.
Answer: d) It actually reduces overall emissions as the cap is lowered.
You might also like to view...
The quantity survey method, unit-in-place method, and the square foot/cubic foot methods in real estate appraisal most directly relate to:
A: The cost approach; B: The income approach; C: The sales comparison approach; D: All of the above.
The equity value of global megabrands such as Coca-Cola and Marlboro runs in the tens of billions of dollars
Indicate whether the statement is true or false