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Advantages and drawbacks of market-based incentives

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1. What are the advantages and drawbacks of market-based incentives versus regulations asinstruments of environmental policy?

2. How has the devolution of regulatory enforcement responsibilities from the federal governmentto the states affected environmental outcomes in America?

3. A pollution tax or cap-and-permit system imposes a price on emissions. What options exist indeciding who gets the money, and what are the pro's and con's of each?

Reference no: EM131281736

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