Question

Pick one of the three policies to address pollution that are listed below (these are covered in chapter 15, section 15.3) and describe why you believe it to be the best way to curb climate change. Your choices are:

1. Command and control
2. Pollution taxes
3. Cap and trade You must pick one and you must defend it as the best option.

Answer 1

The cap and trade system is considered the best policy to combat pollution due to its balance of regulatory oversight and market-driven incentives that encourage economic efficiency and innovation.

Step-by-step explanation:

Choosing the best policy to address pollution and thereby curb climate change depends largely on balancing effectiveness with economic efficiency. In this case, the cap and trade system stands out as an optimal solution. This market-driven approach allocates pollution permits to firms, setting a cap on the total level of emissions while allowing companies to buy and sell the rights to emit, creating a financial incentive to reduce pollution. This system not only caps environmental harm but also harnesses market forces to drive technological innovation and cost reductions.

Comparatively, command-and-control policies, which mandate specific standards or technologies, often lack flexibility and may not be the most economically efficient. Pollution taxes create a direct economic disincentive for emitting pollutants but do not provide a hard cap on emissions. While all these policies have their merits and drawbacks, cap and trade is favored for its blend of regulatory oversight and free-market incentives, leading to a more predictable environmental outcome and a dynamic platform for businesses to innovate and find the most cost-effective pollution reduction methods.

Answer 2

The correct option is the first one: Command and control.

Step-by-step explanation:

To begin with, all three matters are necessary in order to try to achieve a reduction in the pollution of the planet. However, I do believe that the most important one tend to be the command and control focus due to the fact that the other three will also depend on that matter as well primarily.

So, it is necessary to understand that the "Command and Control" theme refers to the intervention of the government in matters of pollution when it comes to try to protect the environment by regulating the forces of the industry who on purposely damage their work surronding without care. Moreover, this point of view also focus on the control that the laws and regulations have on those companies so that will impact them directly to the way they act.