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Three of the following could be, or have been, problems with the European Emissions Trading Scheme? ...

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Three of the following could be, or have been, problems with the European Emissions Trading Scheme? ...

Three of the following could be, or have been, problems with the European Emissions Trading Scheme? Which one has/is NOT?

▸ The carbon allowances were initially set far too high.

▸ It may reduce the pressure on dirtier factories (or countries) to cut their emissions.

▸ Trade in permits may lead to pollution being concentrated in certain geographical areas.

▸ Once the system was is place, the pressure was off to reduce the permitted levels.

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Essential Economics for Business

Edition: 5^th

Authors: Sloman, Jones

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More solutions for this book are available here

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yuknam Author

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Thanks for your help!!

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