Give typing answer with explanation and conclusion One advantage of an emissions tax over a cap-and-trade system is that a. permit markets can have transactions costs that taxes do not. b. taxes put a price on pollution, but cap-and-trade systems do not. c. once a cap-and-trade system is in place, there is no way for the government to adjust the price of permits. d. taxes are always popular.
Give typing answer with explanation and conclusion One advantage of an emissions tax over a cap-and-trade system is that a. permit markets can have transactions costs that taxes do not. b. taxes put a price on pollution, but cap-and-trade systems do not. c. once a cap-and-trade system is in place, there is no way for the government to adjust the price of permits. d. taxes are always popular.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter12: Environmental Protection And Negative Externalities
Section: Chapter Questions
Problem 6SCQ: Classify the following pollution-control policies as command-and-control or market incentive based....
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Give typing answer with explanation and conclusion
One advantage of an emissions tax over a cap-and-trade system is that
a. permit markets can have transactions costs that taxes do not.
b. taxes put a
c. once a cap-and-trade system is in place, there is no way for the government to adjust the price of permits.
d. taxes are always popular.
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