Question

Is zero pollution possible under a marketable permits system? Why or why not?

Short answer

Yes, it's possible.

Step-by-step solution

Introduction

Marketable permits are the programs under which military issue certain permits allowing only a particular quantity of pollution. they will be bought and sold.

Explanation

Zero pollution is feasible but are expensive. Cap and trade system applies here. Credits are going to be given to firms who cleans up the environment. Suppose there's plant firm a slow down the trees and has got to grow new ones. rather than growing itself, firm$b$ is planting the trees on a's behalf and taking the expense. So during this way mutually the good thing about one is offset by ill action of other. And total impact on environment is zero.