Match the following environmental economic policies with their objectives:

LIST-I LIST-II

A. Cap-and-Trade System I. A market-based approach to control pollution by providing economic incentives for reducing emissions.

B. Pigovian Tax II. Tax levied on firms or individuals who generate negative externalities, such as pollution.

C. Environmental Kuznets Curve III. Describes an inverted-U relationship between environmental degradation and economic growth.

D. Command-and-Control Regulations IV. Policies that rely on regulations and restrictions to limit pollution levels.

Question

LIST-I	LIST-II
A. Cap-and-Trade System	I. A market-based approach to control pollution by providing economic incentives for reducing emissions.
B. Pigovian Tax	II. Tax levied on firms or individuals who generate negative externalities, such as pollution.
C. Environmental Kuznets Curve	III. Describes an inverted-U relationship between environmental degradation and economic growth.
D. Command-and-Control Regulations	IV. Policies that rely on regulations and restrictions to limit pollution levels.