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The EPA sets allowances for the amount of a pollutants that companies can release, and it fines companies that exceed their allowances

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11y ago

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How does the allowance trading system work?

The allowance trading system is a market-based approach to reducing pollution. Polluters are given allowances (or permits) to emit a certain amount of pollution. If a company emits less than their allowance, they can sell the excess allowances to companies that exceed their limit. This system creates a financial incentive for companies to reduce their emissions and allows for flexibility in meeting regulatory requirements.


What limits the amount of pollution companies can reliece?

The Allowance Trading System


How does allowance trading system work?

it allowed trading


What is the purpose of an exhaust emission system?

to help reduce air pollution


What in the name of the device fitted to car exhausts to reduce pollution?

A catalytic converter is attached to the car's exhaust system to reduce emissions.


What can you do to reduce the effect of water pollution?

Buy a good water filtering system, and filter all the water you have through it. hope this helps!


What is the function of an exhaust system?

An exhaust system carries waste away from the car's engine. It helps reduce the amount of smoke and pollution that leaves the car and also reduces noise.


Napoleons Continental System was designed to?

It was supposed to hurt England economically. Its goal was to reduce the economic power of Britain by preventing England from trading with the European continent.


Tradable pollution permit?

A tradable pollution permit system is a market-based approach to controlling pollution. It involves issuing a limited number of permits that allow companies to emit a specific amount of pollution. Companies can buy and sell permits, creating a financial incentive to reduce emissions and ensuring that pollution levels stay within specified limits.


What trading system did the people of babylonia use?

i think that babylonia was the trading system


When was Russian Trading System created?

Russian Trading System was created in 1995.


How does carbon trading work?

Carbon trading is part of a carbon pricing mechanism to reduce greenhouse gas emissions by industry. Each year, the government decides on the total amount of greenhouse gases it will allow industries to emit from all activities. Each business that is a major source of greenhouse gas emissions is allowed to buy (or is granted free) an annual quota of permits to produce greenhouse gases, so that all such permits equal the national target for the year. If the business modifies its processes such as to reduce its greenhouse emissions, it can sell its unwanted permits to the highest bidder. If another business wants to expand and exceed the limit imposed by its own quota, it can buy permits from another business. Thus, there is an incentive for a business to reduce its emissions so that it can sell its permits at a profit, and so that it does not have to pay an increasingly high price for permits on the secondary market. By this means, the government can control, then reduce, the total greenhouse gases produced in the state or nation. It can gradually reduce this limit in line with the long-term national target.