________ have become an effective means of achieving environmental goals at the least cost to society.

Question

Quizplus · Accepted Answer

Incentive-based systems, such as pollution taxes and cap-and-trade programs, aim to provide economic incentives for businesses to reduce their environmental impact. This approach is often more cost-effective than traditional command-and-control regulations, which can be rigid and may not account for differences in the ability of businesses to reduce pollution. Life-expectancy and supply-chain approaches are not commonly used environmental policy strategies.

________ Have Become an Effective Means of Achieving Environmental Goals