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Review:

Emissions Trading

overall review score: 4.5
score is between 0 and 5
Emissions trading is a market-based approach to controlling pollution by providing economic incentives for reducing emissions of pollutants.

Key Features

  • Cap-and-trade system
  • Financial incentives for emission reduction
  • Market-driven approach to environmental protection

Pros

  • Encourages companies to reduce emissions
  • Provides flexibility in meeting emission targets
  • Creates financial incentives for innovation in clean technologies

Cons

  • Can be complex to implement and regulate
  • May not always lead to significant emission reductions
  • Potential for market manipulation

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Last updated: Sat, Feb 1, 2025, 01:39:50 PM UTC