Emissions taxes are an example of the _______ approach to correcting pollution problems.

Question

Quizplus · Accepted Answer

Emissions taxes are an incentive-based approach to correcting pollution problems, as they provide a financial motivation for polluters to reduce their emissions. Moral suasion involves appealing to individuals' sense of morality to encourage them to reduce pollution, while command-and-control involves setting specific regulations and standards for polluters to follow. Least-cost reduction in emissions involves identifying the most cost-effective approaches for reducing pollution.

Emissions Taxes Are an Example of the _______ Approach to Correcting