Question

Assume that the federal government determines the total level of pollutants that can be discharged by city industries. A city is able to buy and sell the rights to this total discharge level with other cities. This example illustrates a(n): environmental standard. emissions tax. Pigouvian tax. tradable emissions permit.

Answer 1

D. Trad-able emissions permit.

Step-by-step explanation:

When a city is able to buy and sell the rights to this total discharge level with other cities, then it is called as trad-able emissions permit. Trad-able emissions permit are well used for controlling the emissions and thereby the overall pollution is also controlled. It also provides permission for an industry or city to pollute in a controlled amount for a given time period.