If the rivers, lakes and air in the United States could all be privately owned, then:

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Quizplus · Accepted Answer

When resources like rivers, lakes, and air are privately owned, the owners have an incentive to minimize pollution to protect their property, leading to less pollution. Costs of production might rise for firms that previously could pollute for free but now have to pay the owners of these resources to emit pollutants. Externalities are internalized because the costs of pollution are borne by the polluter, who now has to compensate the owner of the resource being polluted.

If the Rivers, Lakes and Air in the United States