The Environmental Protection Agency sometimes imposes penalties on firms that pollute the environment
The Environmental Protection Agency sometimes imposes penalties on firms that pollute the environment. But did you know that there is a legal market for pollution where companies can trade carbon credits? Business that cannot meet their greenhouse gas emissions limits can purchase carbon credits from business that are below their quota. A business for which reducing its emissions would be expensive or prohibitive can pay another business to make the reduction for it. Research a company that purchases or sells carbon credits. Do you agree with this arrangement? How would you feel as an investor in a company that utilizes carbon credits to legally exceed its pollution limits? Defend your position!
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