1. Tradable Emissions Permits & Emissions Control
While each has its own particular benefits, it is tradable emission permits that offer the greatest opportunity for efficiency in control. ... Emission Permit trading differs from a tax in the sense that allocation can be separated from price. Permits are generally assigned in two ways, either by auctioning them off or assigning them based on some sort of prescribed system such as previous output. ... Permits also present the opportunity to greatly reduce the role of government in the control process, providing there is the freedom for open trade between emitters. There are still transact...
- Word Count: 1840
- Approx Pages: 7
- Has Bibliography
- Grade Level: Undergraduate