What do you think is the best sort of public policy to deal with the following pollution problems? Options A. Direct Controls ( Regulate the amount of pollutant emitted, Ban on Emissions, issue fines and penalties to offenders, shut down the more egregious offenders.); B. Establish a CAP on total emissions on industries and issue permits to pollute that is sum is less than or equal the CAP that can be traded amount different firms. C. Tax polluters. D. Mount educational and pollution awareness and ask for voluntary compliance.
What do you think is the best sort of public policy to deal with the following pollution problems? Options A. Direct Controls ( Regulate the amount of pollutant emitted, Ban on Emissions, issue fines and penalties to offenders, shut down the more egregious offenders.); B. Establish a CAP on total emissions on industries and issue permits to pollute that is sum is less than or equal the CAP that can be traded amount different firms. C. Tax polluters. D. Mount educational and pollution awareness and ask for voluntary compliance.
Chapter17: Market Failure: Externalities, Public Goods, And Asymmetric Information
Section: Chapter Questions
Problem 3WNG
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What do you think is the best sort of public policy to deal with the following pollution problems? Options A. Direct Controls ( Regulate the amount of pollutant emitted, Ban on Emissions, issue fines and penalties to offenders, shut down the more egregious offenders.); B. Establish a CAP on total emissions on industries and issue permits to pollute that is sum is less than or equal the CAP that can be traded amount different firms. C. Tax polluters. D. Mount educational and pollution awareness and ask for voluntary compliance.
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