The Theory and Practice of Command and Control in Environmental Policy

1st Edition

Peter Berck, Gloria E. Helfand

Routledge
Published November 24, 2017
Reference - 518 Pages
ISBN 9781138715905 - CAT# Y325035
Series: Routledge Revivals

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Summary

This title was first published in 2003. Economists have had increasing success in arguing the merits of market-based approaches to environmental problems. By making polluting expensive, market-based approaches provide polluters with incentives to clean up, rather than mandates to stop polluting. These approaches include pollution taxes, transferable emissions permits and subsidies for pollution abatement. The purpose of this volume is to explore the situations where Command and Control (CAC) may not be all bad, and in fact might even have some advantages over market-based instruments (MBI).

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