Consider the main approaches to environmental policy— lawsuits, command-and-control laws and regulations, and economic policy tools. Describe an advantage and a disadvantage of each. Do you think any one approach is most effective? Could we do with just one approach, or does it help to have more?

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Chapter14: Environmental Economics
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Problem 3SQ: From an economic viewpoint, the optimal amount of pollution a. is zero because all pollution imposes...
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Consider the main approaches to environmental policy— lawsuits, command-and-control laws and regulations, and economic policy tools. Describe an advantage and a disadvantage of each. Do you think any one approach is most effective? Could we do with just one approach, or does it help to have more?
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