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These permits can be resold: The government can systematically decrease the amount of pollution permits available so that total pollution emissions can be controlled. For instance, if the government allows two companies A and B to produce 30 units of pollutants. However, the companies produce 32 units of pollutants and company A finds a way to reduce their pollutants to 28, allowing company to sell the permit to produce two units of pollutants to other company at any price. Hence, making pollution a market. This system has been proven to reduce pollution in several countries such as Singapore, and Germany...
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Common topics in this essay:
- Air Pollution And Government Itervention
- Air Pollution
- Air pollution
- the way to deal with environment pollution
- HYBRID CARS: THE FUTURE OF AIR POLLUTION CONTROL
- Pollution and its effects Pollution
- Pollution
- Pollution
- The effects of pollution on the Environment and our Health
- Water Pollution Control
- Water Pollution: Is It As Big Of A Problem As We Think?
- Natural Gas, Pollution, And Our Environment
- Pollution Control: Costs And Benefits
- Pollution Trading Credits and Corporate Pollution
- Pollution
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