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Why have some criticized cap-and-trade systems? Multiple choice question. Penalties for misuse are exorbitant. The system has not been successful in Europe. Pollution abatement equipment

Why have some criticized cap-and-trade systems? Multiple choice question. Penalties for misuse are exorbitant. The system has not been successful in Europe. Pollution abatement equipment is always cheaper. It allows some firms to continue polluting over the cap

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