Emissions taxes and marketable pollution permits are two command-and-control approaches to reducing pollution.

Question

Quizplus · Accepted Answer

Emissions taxes and marketable pollution permits are both market-based approaches to reducing pollution, not command-and-control approaches. Command-and-control methods typically involve strict regulations and limitations on pollution levels, while market-based approaches create economic incentives for companies to reduce their pollution levels voluntarily.

Emissions Taxes and Marketable Pollution Permits Are Two Command-And-Control Approaches