In a cap and trade program, the ‘trade’ refers to what?   a. trading prices of expensive fossil fuel energy out for cheaper clean energy   b. exchanging tax credits for green energy products instead of fossil fuels based products   c. exchanging money for fossil fuel emissions credits between companies   d. the federal government trading companies tax rebates for emissions reduction units

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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In a cap and trade program, the ‘trade’ refers to what?

  a.

trading prices of expensive fossil fuel energy out for cheaper clean energy

  b.

exchanging tax credits for green energy products instead of fossil fuels based products

  c.

exchanging money for fossil fuel emissions credits between companies

  d.

the federal government trading companies tax rebates for emissions reduction units

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