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LoginWhich of the following is NOT a characteristic of the "emissions trading" policy instrument?
QuestionBank 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
Posted on 05 Jan 2024, this text provides information on UPSC IAS Exam related to QuestionBank. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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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