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What is emissions trading?

I need a simple explanation please

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  • 1 decade ago
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    I believe it is a means of trading or negotiating a way out of the predicament of polluters cleaning up after themselves. Economic incentives are provided in this cap and trade scheme to reduce the volume of pollutants. Under this plan , companies that exceed a certain amount of pollutants will need to buy permits. They can also sell to those that need them if there is an excess.

    Source(s): Ask.com
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