Economic perspective and from environmental perspective

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Reference no: EM131653400

You have been recently hired as a consultant, working as part of an EPA team, you now have an assignment. As an alternative to standards, one policy proposal is the use of permit trading among point sources of water pollution. Give the major reason why this is advantageous (a) from an economic perspective and (b) from an environmental perspective. In your research, make sure to select a specific industry and provide why permit trading would be good for society.

Reference no: EM131653400

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