13 Nov 2021
Problem 8
Page 292
Section SELF: CHECK QUESTIONS
Chapter 12: Environmental Protection and Negative Externalities
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13 Nov 2021
Introduction
'Command and Control' (CAC) approach directs the environmental policy that has been imposed. It displays a type of the regulation. It is a direct regulation of an industry or an activity by legislation which can permit its illegality.
Market Incentive Approach is an incentive program that allow government to issue permits in order to ascertain prescribed quantity of pollution.
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