Classify each policy description as an application of one of three types of regulation.

Classify each policy description as an application of one of three types of regulation. Laws, rules, and regulations Cap-and-trade Corrective tax Answer Bank A steel mill is charged a fee per unit of pollution emitted into a river. Government requires that auto manufacturers use a new, cleaner technology in producing cars. Government requires that cement companies limit pollution to a specified threshold. Power plants are allowed to pollute as much as they wish, provided they have purchased permission to do so. They can also sell their right to pollute to others