If the government issues 10 million tradable pollution permits to each? utility, what will be the cost of eliminating half of the pollution to? society? Using a cap-and-trade LOADING... system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of ?$ 6,5006,500 million per year. If the permits are not? tradable, what will be the cost of eliminating half of the? pollution? If permits cannot be? traded, then the cost of the pollution reduction will be ?$ nothing million per year.