Which of the following is a main political objection against using the market to reduce pollution?

A. Pollution charges and cap-and-trade schemes raise prices and lower consumer welfare.
B. Cap-and-trade redistributes income from less-efficient polluters to more-efficient polluters.
C. Firms already pay a high corporate tax.
D. Consumers do not have the same built in tax loopholes as firms.

answer:

A. Pollution charges and cap-and-trade schemes raise prices and lower consumer welfare.