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Home Q & A Board Biology-Related Homework Help Environmental and Conservation Biology
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12 years ago
List the economics-based approaches to environmental policy. How are these superior to the use of tort law for controlling pollution? 
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12 years ago
Economics-based approaches include green taxes and marketable emission permits. The most effective approaches offer financial incentives for "good" behavior rather than punishment for bad behavior. These are superior to the use of tort law because tort law sets the legal precedent that if the pollution control is more expensive than the damage that the pollution causes, the pollution will be allowed to continue. These economic incentives therefore have a better chance of reducing pollution than does tort law.   
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