EC238 Lecture Notes - Lecture 4: Total Maximum Daily Load, Environmental Policy, Essar Steel Algoma
Document Summary
Command and control (cac)/direct regulation relying on standards of various types to bring about improvements in environmental policy. Emission standard maximum rate of emissions that is legally allowed. Compliance cost total abatement costs of meeting a standard. There are many perceived advantages of using standards to address environmental problems. Ambient a never-exceed level for a pollutant in the ambient environment; cannot be enforced directly, Emission never-exceed levels applied directly to the quantities of emissions coming from the pollution sources; type of performance standard. Technology technologies, techniques or practices that potential polluters must adopt; design standards such as best available technology (bat), best practical technology (bpt) and best available technology economically achievable (batea) Individual standards that set the mac equal to each. Md are so(cid:272)ially effi(cid:272)ie(cid:374)t(cid:863) (cid:862)u(cid:374)ifor(cid:373) sta(cid:374)dards (cid:449)ill (cid:271)e (cid:272)ost effe(cid:272)ti(cid:448)e o(cid:374)ly i(cid:374) the u(cid:374)likely e(cid:448)ent that all polluters have the sa(cid:373)e (cid:373)argi(cid:374)al a(cid:271)ate(cid:373)e(cid:374)t (cid:272)osts. If mac"s for a polluta(cid:374)t differ, i(cid:374)di(cid:448)idual sta(cid:374)dards (cid:449)ill a(cid:272)hie(cid:448)e (cid:272)ost effe(cid:272)ti(cid:448)e(cid:374)ess(cid:863)
