The Theory and Practice of Command and Control in Environmental Policy

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The Theory and Practice of Command and Control in Environmental Policy is written by Peter Berck and published by Routledge. It's available with International Standard Book Number or ISBN identification 1351769561 (ISBN 10) and 9781351769563 (ISBN 13).

This title was first published in 2003. Economists have had increasing success in arguing the merits of market-based approaches to environmental problems. By making polluting expensive, market-based approaches provide polluters with incentives to clean up, rather than mandates to stop polluting. These approaches include pollution taxes, transferable emissions permits and subsidies for pollution abatement. The purpose of this volume is to explore the situations where Command and Control (CAC) may not be all bad, and in fact might even have some advantages over market-based instruments (MBI).