The Theory and Practice of Command and Control in Environmental Policy

The Theory and Practice of Command and Control in Environmental Policy
ISBN-10
1351769561
ISBN-13
9781351769563
Category
Social Science
Pages
518
Language
English
Published
2018-01-12
Publisher
Routledge
Author
Peter Berck

Description

This title was first published in 2003. Economists have had increasing success in arguing the merits of market-based approaches to environmental problems. By making polluting expensive, market-based approaches provide polluters with incentives to clean up, rather than mandates to stop polluting. These approaches include pollution taxes, transferable emissions permits and subsidies for pollution abatement. The purpose of this volume is to explore the situations where Command and Control (CAC) may not be all bad, and in fact might even have some advantages over market-based instruments (MBI).

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