What is a cap-and-trade program?Provide one environmental and one ...

[dakota nelson]

What is a cap-and-trade program?Provide one environmental and one economic argument against the use of cap-and-trade programs.
 
  What will be an ideal response?

Question 2

Which of the following is agovernment corporation?
 
  a. the Food and Drug Administration
  b. the Federal Elections Commission
  c. the U.S. Postal Service
  d. the Occupational Safety and Health Administration

[LP]

Answer to Question 1

An ideal response will:
1, Describe cap-and-trade as a government program in which the government sets a mandatory cap on emissions and then issues credits to companies for a certain amount of emissions.If one company does not use all of its credits, it can sell credits to those thatwish to exceed their emissions cap.
2, Provide an environmental argument against cap-and-trade.For example, it is very hard to track emissions and to ensure that overall emissions are below acceptable levels.
3, Provide an economic argument against cap-and-trade.For example, the credits purchased by high emission facilities will be passed along to consumers in the form of higher energy costs.

Answer to Question 2

c