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How Did the European Emissions Trading Scheme Privatize a Public

Question 50

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How did the European Emissions Trading Scheme privatize a public good?


A) The system sold off government-owned firms to more efficient private owners.
B) European governments became less involved in the details of pollution reduction,allowing private citizens and firms to determine the appropriate levels of pollution.
C) European governments gave away environmentally friendly technology that had been developed using public funds.
D) The system regulated pollution emissions that occurred in each individual country.
E) The system divided up and distributed a pollution allowance to individual firms that were contaminating clean air.

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