Microeconomics Phase 2 db

Microeconomics Phase 2 db

Cap and Trade

Cap and trade is an economic program that limits the emissions of a few types and there are companies who are allowed to sell the unused portion of their limit to other companies. Cap-and-trade program helps in reducing the carbon gas and other hazardous emissions.

Cap and Tax

This concept has been explained in order to make sure that the economy does not suffer from problems. Carbon tax has been imposed on companies who emit such gases that are not appropriate for individuals and where they cannot lead a healthy life.

Economic benefits of using a ...