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The four categories present potential responses to environmental problems. Classify each response in the category that best matches it. It is possible that a category may end up with more than one scenario or none at all. Environmental regulations or standards Marketable or tradable pollution permits (e.g., cap- and-trade) Pollution or emissions tax Private bargaining

The four categories present potential responses to environmental problems. Classify each response in the category that best matches it. It is possible that a category may end up with more than one scenario or none at all. Environmental regulations or standards Marketable or tradable pollution permits (e.g., cap- and-trade) Pollution or emissions tax Private bargaining

Applications and Investigations in Earth Science (9th Edition)
Applications and Investigations in Earth Science (9th Edition)
9th Edition
ISBN:9780134746241
Author:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Publisher:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Chapter1: The Study Of Minerals
Section: Chapter Questions
Problem 1LR
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The four categories present potential responses to environmental problems. Classify each response in the category that best matches it. It is possible that a category may end up with more than one scenario or none at all. Environmental regulations or standards Marketable or tradable pollution permits (e.g., cap- and-trade) Pollution or emissions tax Answer Bank Government requires that auto manufacturers limit pollution to a specified threshold. Auto manufacturers are allowed to pollute as much as they wish, provided that they have purchased a sufficient number of pollution vouchers. Private bargaining A steel mill pays nearby homeowners to compensate them for the noise they must put up with as a result of the steel manufacturing process. Government requires that auto manufacturers use a new, cleaner technology in producing cars. An auto manufacturer is charged a fee per unit of pollution emitted into a river.
Transcribed Image Text:The four categories present potential responses to environmental problems. Classify each response in the category that best matches it. It is possible that a category may end up with more than one scenario or none at all. Environmental regulations or standards Marketable or tradable pollution permits (e.g., cap- and-trade) Pollution or emissions tax Answer Bank Government requires that auto manufacturers limit pollution to a specified threshold. Auto manufacturers are allowed to pollute as much as they wish, provided that they have purchased a sufficient number of pollution vouchers. Private bargaining A steel mill pays nearby homeowners to compensate them for the noise they must put up with as a result of the steel manufacturing process. Government requires that auto manufacturers use a new, cleaner technology in producing cars. An auto manufacturer is charged a fee per unit of pollution emitted into a river.
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