Of all the market-based policy instruments used to combat environmental damage, the pollution charge is the most commonly used worldwide.

Question

Quizplus · Accepted Answer

The statement is true. The pollution charge, also known as a pollution tax or a Pigouvian tax, is a market-based policy instrument used to internalize the external costs associated with pollution. It is the most commonly used policy instrument worldwide, as it provides an incentive for polluters to reduce emissions and invest in cleaner technologies.

Of All the Market-Based Policy Instruments Used to Combat Environmental