Wynne's government introduced cap-and-trade to address what?
Economic balance
Pollution pricing
Trade deficits
Taxation
Answer
Pollution pricing, introduced by Wynne's government through cap-and-trade, aims to combat climate change by assigning a cost to greenhouse gas emissions. By setting a limit (cap) on the amount of emissions allowed and allowing facilities to trade permits, it creates economic incentives for reducing pollution. This market-based approach encourages innovation, efficiency, and cost-effectiveness in achieving emission reduction targets while ensuring fairness and flexibility for industries.
Wonderful Wynne: Unraveling the Legacy of Kathleen Wynne, Ontario's 25th Premier
More Questions
Related Quizzes
Subscribe Now!
Learn something
new everyday
Playing quizzes is free! We send 1 quiz every week to your inbox