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Chapter 12: Q.18 (page 297)

What is command-and-control environmental regulation?

Short Answer

Expert verified

A command is issued by the government or a comparable agency in order to regulate the environmental policy that has been established.

Step by step solution

01

Command-and-control approach : 

The enforced environmental policy is directed by command-and-control policy. It depicts a certain form of regulation.

02

Explanation : 

The government's command and control regulation is a set of rules that the government uses to maintain control over the market. A command is issued by the government or a comparable agency in order to regulate the environmental policy that has been established. For example, a directive to minimize pollution might be as simple as setting emission levels or as complex as constructing pollution control equipment.

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Most popular questions from this chapter

The rows in Table 12.7 show three market-oriented tools for reducing pollution. The columns of the table show three complaints about command-and-control regulation. Fill in the table by stating briefly how each market-oriented tool addresses each of the three concerns.


Incentives to

Go Beyond


Flexibility about Where and How

Pollution Will Be Reduced


Political Process Creates

Loopholes and Exceptions


Pollution

Charges





Marketable

Permits





Property

Rights

What are the three problems that economists have noted with regard to command-and-control regulation?

What is an externality?

Suppose you want to put a dollar value on the external costs of carbon emissions from a power plant. What information or data would you obtain to measure the external [not social] cost?

What are the economic tradeoffs between low-income and high-income countries in international conferences on global environmental damage?
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