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What are the pros and cons of letting anybody (banks, private citizens, environmental groups, government agencies, etc.) buy and sell transferable discharge permits, in addition to emission sources themselves? 

   What are the pros and cons of letting anybody (banks, private citizens, environmental groups, government agencies, etc.) buy and sell transferable discharge permits, in addition to emission sources themselves?
Environmental economics : an introduction
Environmental economics : an introduction
Barry C Field,… 7th Edition
Chapter 13, Problem 4 ↓

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These permits can be bought and sold on a market, allowing for flexibility in managing emissions.  Show more…

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What are the pros and cons of letting anybody (banks, private citizens, environmental groups, government agencies, etc.) buy and sell transferable discharge permits, in addition to emission sources themselves?
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