Pros and cons associated with a cap-and-trade program

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Identify some pros and cons associated with a cap-and-trade (CAP) program. Does its implementation increase costs? Is it appropriate to describe CAP programs as merely a way for "big business" to buy their way out of meeting environmental compliance? What's the biggest selling point for a CAP? What's the biggest drawback? Provide your reasoning.

Reference no: EM131094722

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