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6. Question 6 Which of these statements are true about cap-and-trade? 1) Cap-and-trade works implicitly favours the most efficient technologies. 2) The regulatory burden is

6. Question 6 Which of these statements are true about cap-and-trade? 1) Cap-and-trade works implicitly favours the most efficient technologies. 2) The regulatory burden is reduced 3) Informational asymmetries are reduced 4) 'Low-hanging fruits' are picked first

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