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    Discuss The Value Of Marketable Emission Credits

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    Explain why economists believe that marketable emission credits add to overall economic efficiency. Other groups in our society prefer across-the-board limitations on maximum discharges of air pollutants by firms. What are the different goals of these two groups? How are voters to decide which path to follow?

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    Marketable emissions credits provide an economic incentive for reducing emissions as much as possible. The firms that reduce their emissions the most ...

    Solution Summary

    This solution reviews what the goals of marketable emission credits and across-the-board emissions limitations are. Additionally, the solution addresses how taxpayers should choose which measure to support.