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International Agreements attempt to reduce GHGs (Greenhouse Gases), in particular from emissions: A. When are emission permits (cap-and-trade) preferred to emission charges (pollution tax)? Explain

International Agreements attempt to reduce GHGs (Greenhouse Gases), in particular from emissions: A. When are emission permits (cap-and-trade) preferred to emission charges (pollution tax)? Explain the pros and cons of each approach B. Include five real world example for each

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