Which of the following is NOT a characteristic of the "emissions trading&qu

Question

Which of the following is NOT a characteristic of the "emissions trading" policy instrument?

Options:

A . It involves a mechanism whereby the permits available are initially distributed to producers who ar

B . The price mechanism for tradable emissions permits helps to allocate the restricted supply of permit

C . All producers are required to be equally efficient in reducing emissions of the pollutant

D . The right to pollute can be transferred between different parties at a price determined by the marke

Answer: Option C
Answer: (c).All producers are required to be equally efficient in reducing emissions of the pollutant

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