If society wishes to reduce pollution, why is it more efficient to tax the pollution rather...

If society wishes to reduce pollution, why is it more efficient to tax the pollution rather than set a limit on pollution?

Expert Solution

To reduce Pollution, government use four Politics - Tax, Pollution Permits, Subsidy, & Regulation.

Rahul Sunny answered 2 years ago

If society wishes to reduce pollution, why is it more efficient to tax the pollution rather...

If society wishes to reduce pollution, why is it more efficient to tax the pollution rather than set a limit on pollution? If the government issues tradeable pollution permits (ie., a cap-and-trade policy), does it matter for economic efficiency (social welfare) whether all firms receive the same amount of permits, or whether some firms receive more permits than others?

Pollution taxes and tradable pollution permits are more efficient forms of regulation than pollution limits because:...

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Under what conditions would it be efficient for two firms to reduce pollution by the exact same amount?

Suppose there are two ways to reduce water pollution in a river. Society needs to remove...

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Suppose China wishes to reduce the amount of air pollution generated by electrical plants. The marginal...

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Explain why reducing pollution levels to zero is unlikely to be economically efficient. Use a graph...

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In an effort to reduce energy costs, a major university has installed more efficient lights as...

In an effort to reduce energy costs, a major university has installed more efficient lights as well as automatic sensors that turn the lights off when no movement is present in a room. Historically, the cost of lighting an average classroom for 1 week has been $265. To determine whether the changes have signficantly reduced costs, the university takes a sample of 50 classrooms. They find that the average cost for 1 week is $247 with a standard deviation of...

How a conpany can reduce tax from accepting a negative NPV investment 400words Why reduce tax...

How a conpany can reduce tax from accepting a negative NPV investment 400words Why reduce tax is one of reason an organization accept negative NPV investment ?

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If society wishes to reduce pollution, why is it more efficient to tax the pollution rather...

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If society wishes to reduce pollution, why is it more efficient to tax the pollution rather...

Pollution taxes and tradable pollution permits are more efficient forms of regulation than pollution limits because:...

Under what conditions would it be efficient for two firms to reduce pollution by the exact...

Suppose there are two ways to reduce water pollution in a river. Society needs to remove...

Suppose China wishes to reduce the amount of air pollution generated by electrical plants. The marginal...

1.explain why it is more efficient to make several extraction using small portions rather than one...

Under what circumstances would it be more efficient for the circus owner, rather than the tamers...

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In an effort to reduce energy costs, a major university has installed more efficient lights as...

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