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

Question

TuteeHUB · Accepted Answer

The right to pollute can be transferred between different parties at a price determined by the market in tradeable emissions permits

TuteeHUB · Answer

It involves a mechanism whereby me permits available are initially distributed to producers who are potential emitters of a given pollutant

TuteeHUB · Answer

The price mechanism for tradable emissions permits helps to allocate the restricted supply of permits to those who most value them

TuteeHUB · Answer

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

1.	Which of the following is NOT a characteristic of the "emissions trading" policy instrument?
A.	It involves a mechanism whereby me permits available are initially distributed to producers who are potential emitters of a given pollutant
B.	The price mechanism for tradable emissions permits helps to allocate the restricted supply of permits to those who most value them
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 market in tradeable emissions permits
Answer» D. The right to pollute can be transferred between different parties at a price determined by the market in tradeable emissions permits

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