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LoginWhich of the following is NOT a characteristic of the "emissions trading" policy instrument?
Question Bank UPSC IAS Exam 1 year ago
Option 1 : It involves a mechanism whereby me permits available are initially distributed to producers who are potential emitters of a given pollutant
Option 2 : The price mechanism for tradable emissions permits helps to allocate the restricted supply of permits to those who most value them
Option 3 : All producers are required to be equally efficient in reducing emissions of the pollutant
Option 4 : 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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1 year ago
The right to pollute can be transferred between different parties at a price determined by the market in tradeable emissions permitsClick Here For More