Which of the following statements about the cap and dividend policy is not true?

Which of the following statements about the cap and dividend policy is not true?
A) The number of issued permits under the cap and dividend policy increases year to year.
B) The cap and dividend policy sets a limit on total carbon emissions.
C) The cap and dividend policy works by issuing limit permits.
D) Carbon emissions will likely decrease over time as a result of a cap and dividend policy.
E) Permits are issued to companies that emit carbon dioxide or supply it for burning.