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To implement an overall cap on emissions from electricity generators, it is better to use an...

To implement an overall cap on emissions from electricity generators, it is better to use an emissions trading system compared to simply imposing a cap on every generator. Is this true or false? Explain your answer

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Answer #1

TRUE .

Emissions trading system or cap and trade system is the most effective climate policy . It is efficient both environmentally and economically . A specific level of emission will be achieved and maintained . It also creates a trading market . It is easier to keep track and regulate pollution . Fewer administrative resources required . So it is better to use emissions trading system compared to simply imposing a cap on every generator . It is difficult to keep track on every generator .

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