What are market-oriented environmental tools?

toegevoegd een audio Financial Services

2023-05-02 20:21:19 -

Key points The three main categories of market-oriented environmental policies are pollution charges, marketable permits, and better-defined property rights. The advantage of market-oriented environmental tools is that, because of their incentives and flexibility, they can achieve any desired reduction in pollution at a lower cost to society than command-and-control...

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