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What is an advantage to using tradeable environmental permits, such as cap-and-trade, to control and reduce pollution? a. Self-monitoring is an effective approach b. Permit

What is an advantage to using tradeable environmental permits, such as cap-and-trade, to control and reduce pollution? a. Self-monitoring is an effective approach b. Permit prices are not determined by market transactions c. Wealthy polluters and resource users cannot easily buy their way out d. Encourages pollution prevention and waste reduction e. Caps can be too high to promote progress

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