Three methods the government can use to cope with the external cost from pollution are

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Business

Livia Burnett

6 March, 20:52

Three methods the government can use to cope with the external cost from pollution are

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Jermaine Ross · Answer 1

Three methods the government can use to cope with the external cost from pollution are:

1) Taxes, by cutting down a pecentage of Citizen's income to be added to Government's budget

2) Emission Charges, a fees collected by the government as a collateral for creating pollution

3) Cap-and-trade, Giving incentives to a certain economic sector to fight pollution