Keywords: pollution control instruments, pollution control objectives, pollution targets, sustainable development, sustainability, green economics, mixed economy, capitalist economy, policy objectives, government policy
Pollution control: an economic analysis of comparative policy instruments
This paper presents and analyses the main pollution control instruments available to governments in a mixed capitalist economy. It is argued that the appropriateness of different instruments should not be judged a priori on ideological grounds. Instead, instruments should be selected on the basis of their relative performance against given policy objectives.