Question

Which of the following is NOT true about marketable trade permits?
A) They have been tried in Europe to meet the targets of the Kyoto Protocol.
B) They are the cornerstone of the current Canadian federal policies to meet the targets of the Kyoto Protocol.
C) They have run into implementation problems in Europe.
D) They may increase the degree of monopolization of the market by blocking new entries into the market that are not able to purchase the necessary permits.
E) They may be unable to prevent local pollution hot spots.

Answer

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