Question

In: Economics

1) The environmental effectiveness and cost-effectiveness of cap-and-trade programs are dependent on a. how the regulatory...

1) The environmental effectiveness and cost-effectiveness of cap-and-trade programs are dependent on

a. how the regulatory authority determines the marginal cost for abating pollution

b. how the regulatory authority monitors the level of emissions

c. how the regulatory authority specifies the cap

d. how state and federal legislations interact with each other

2) Cap-and-trade programs have been more effective to reduce

a. air pollution, water pollution, and international emissions

b. air pollution and water pollution

c. air pollution

d. air pollution and international emissions

Solutions

Expert Solution

1.The environmental effectiveness and cost-effectiveness of cap-and-trade programs are dependent on

a. how the regulatory authority determines the marginal cost for abating pollution

2.Cap-and-trade programs have been more effective to reduce

d. Air pollution and international emission


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