Key points
Command-and-control regulation sets specific limits for pollution emissions and/or mandates that specific pollution-control technologies that must be used.
Although such regulations have helped to protect the environment, they have three shortcomings: they provide no incentive for going beyond the limits they set; they offer limited flexibility on where and...
Key points
Command-and-control regulation sets specific limits for pollution emissions and/or mandates that specific pollution-control technologies that must be used.
Although such regulations have helped to protect the environment, they have three shortcomings: they provide no incentive for going beyond the limits they set; they offer limited flexibility on where and...
Key points
Command-and-control regulation sets specific limits for pollution emissions and/or mandates that specific pollution-control technologies that must be used.
Although such regulations have helped to protect the environment, they have three shortcomings: they provide no incentive for going beyond the limits they set; they offer limited flexibility on where and...
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