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10 . Understanding different policy options to correct for negativeexternalities Carbon dioxide emissions have been linked to global warming. The following table lists some possible public policies aimed at reducing the amount of carbon dioxide in the aim For Bad] policy listed, identir whether it is a mmmandandcontml policy (regulation), tradabil'e permit system, mnetve subsidy, or woe-dive tax. Tradahle Conunand-and- Permit Correclive Correcliue Public Policy Control Policy System Subsidy Tax The government charges factories $450 for every ton of carbon dioxide _ 0 O 0 they emit. The government orders every factory.r to adopt a newI technology, which 0 0 O reduom carbon-dioxide emissions into the atmosphere. Trees take carbon dioxide out of the air and convert it to oxygen, so the government funds a treeplanting initiative by offering $450 to any citizen 0 O O Q who plants a tree. The government limits total carbon-dioxide emissions by all factories to 130,000 tons per month. Each individual factory is given the right to emit 0 0 O 140 tons of carbon dioxide, and factories mag.I ting.r and sell these rights in a marketplace