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Tidy Tidy
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Posts: 4852
8 years ago
Economists generally favor the use of tradable emissions allowances to reduce pollution. However, the use of these allowances has been criticized by some environmentalists. Which of the following describes this criticism?
A) Some environmentalists believe the allowances give firms a license to pollute.
B) Some environmentalists believe that the price of allowances is often too high for consumers to afford.
C) Some environmentalists believe that Pigovian taxes are a more efficient way to reduce pollution.
D) Some environmentalists oppose allowances on legal grounds; they believe the use of allowances is unconstitutional.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 779 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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VincenzoDVincenzoD
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8 years ago
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Tidy Author
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Brilliant
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Thank you, thank you, thank you!
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Good timing, thanks!
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