Evaluate these three options in terms of feasibility

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CAC versus Direct versus Indirect Taxes

One of the main sources of water pollution is agricultural runoff. Consider three options to control this problem:

(1) a CAC requirement prohibiting irrigation ditches from draining directly into streams or rivers;

(2) a direct tax on chemical emissions from farms into streams or rivers and

(3) an indirect tax placed on pesticide purchases. Evaluate these three options in terms of feasibility, enforceability, and-assuming they could be implemented-cost effectiveness and actual pollution reduction.

Reference no: EM131212353

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