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Business, 09.03.2020 23:08 mis33

Suppose that there is a tradable pollution permits system in place, and the price of a permit is $25 per ton. If the government ended the system and implemented an emissions tax instead, it could achieve the same amount of pollution with a tax $25 per ton.

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Suppose that there is a tradable pollution permits system in place, and the price of a permit is $25...

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