Your friend believes that the government should not try to reduce the pollution amount in companies....

Your friend believes that the government should not try to reduce the pollution amount in companies. He believes every single environmental regulation is bad. Write a response (5-8 sentences) about why it is socially efficient for there to be efforts to reduce pollution. (Make sure to use some economic terms in your response).

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Expert Solution

Environmental regulations are the laws enforced in a society for the purpose of protecting the environment from harmful human activities. These activities include different types of pollutions. The pollutants are those products or byproducts which were not meant to be used in wider scale and that have been used excessively. Examples are plastics, poisonous gases from industries and vehicles, etc.
Nowadays urbanisation have been increased to a higher level which resulted in half the population being residing in urban areas. The Economic regulations made for protecting the environment limits the working of pollution causing companies. At the same time, these regulations encourage new innovations which are sustainable in nature.
Studies have been found that environmental regulations are not effecting the GDP per capita growth of a country. Well monitored environmental policies are always a great need to the society. In short, sustainable development must be achieved, then only humans and nature can coexist.

Rahul Sunny answered 1 year ago

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