What is the specific advantage of pollution permits, when compared with an alternative policy of taxes levied on the quantity of pollutants emitted by firms?
- 15A firms have a financial incentive to reduce pollution B no monitoring of firm's emissions is required C pollution levels can be reduced to zero D the reduction in the level of pollution is more predictable[1]
Mark scheme
Marking points from the official mark scheme (May/June 2019). The mark or mark type is shown in brackets.
- [1] 15 D
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