Command and control (cac), Public Economics

Assignment Help:

Command and Control (CAC)

In earlier times pollution abatement was usually by means of regulatory approach also known as CAC measures, which were in the form of imposing bans, specifying quotas and laying down standards for polluting activities. Under the CAC approach certain economic activities, considered to be polluting, are prohibited. In other cases, a quota for many polluting activities are determined and allocated among firms through licensing.

According to the CAC approach, either the government or its designated body fixes the standards for various pollutants (liquid, gas and noise) emerging out of various pollution sources. The standards are fixed by keeping in view the assimilative capacity of the ambient environment as well as the health impacts on human beings living in the area, and existing natural resources. In order to regulate the environmental pollution there could be two types of standards:

a) Ambient environment standards,

b) Industry specific standards.

The ambient environment standards refer to the limits set for various pollutants that is considered to be safe for living beings and property. These standards have been prescribed for ingredients of the environment such as air, water and noise.


Related Discussions:- Command and control (cac)

Foreign trade and capital flow problem, In the wake of the Asian financial ...

In the wake of the Asian financial crisis, policymakers, governments, and academics around the world are busy devising ways to reform the global financial architecture. The plethor

Privatisation and decentralisation, critically examine that privatization c...

critically examine that privatization can always decentralize economic power

Inflation vary from a cost-push inflation, Describe the basic process by wh...

Describe the basic process by which an economy moves by a business cycle.  What is meant by a demand-pull inflation?  How does a demand-pull inflation vary from a cost-push inflati

Principal-agent problem and policy process, As you know, the principal-agen...

As you know, the principal-agent problem stress the effect of asymmetric information between the principal and the agents on economic outcomes, the equilibrium in a principal-agent

Difference in natural resources and other tangible assets, Normal 0 ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

impact of environmental functions , Normal 0 false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Types of inefficiencies caused by the public sector, QUESTION a) How ...

QUESTION a) How would the strategy of a firm faced with repeated games differ from that faced with sequential games? b) What do you understand by an optimal level of poll

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd