Different environmental policies have different impacts from "summary" of Economics of the Environment by Robert N. Stavins
The impact of environmental policies can vary significantly depending on the specific policy measures that are implemented. For example, a cap-and-trade system for carbon emissions may lead to a reduction in greenhouse gas emissions, while a carbon tax may have a similar effect but with different distributional consequences. In contrast, a command-and-control regulation may be more effective at achieving a specific environmental goal but could also be more costly for businesses to comply with. It is essential to consider the trade-offs associated with different environmental policies. While some policies may be more effective at achieving environmental goals, they may also be more costly to implement. Policymakers must weigh the benefits of reducing pollution a...
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