Command and control (cac), Public Economics

Assignment Help:

Command and Control (CAC)

In earlier times pollution abatement was usually by means of regulatory approach also known as CAC measures, which were in the form of imposing bans, specifying quotas and laying down standards for polluting activities. Under the CAC approach certain economic activities, considered to be polluting, are prohibited. In other cases, a quota for many polluting activities are determined and allocated among firms through licensing.

According to the CAC approach, either the government or its designated body fixes the standards for various pollutants (liquid, gas and noise) emerging out of various pollution sources. The standards are fixed by keeping in view the assimilative capacity of the ambient environment as well as the health impacts on human beings living in the area, and existing natural resources. In order to regulate the environmental pollution there could be two types of standards:

a) Ambient environment standards,

b) Industry specific standards.

The ambient environment standards refer to the limits set for various pollutants that is considered to be safe for living beings and property. These standards have been prescribed for ingredients of the environment such as air, water and noise.


Related Discussions:- Command and control (cac)

Decision process - welfare economics, One shortcoming of neoclassical welfa...

One shortcoming of neoclassical welfare economics is that it does not take into account the institutional structure of collective decision making. To draw normative conclusions abo

Flaws in conventional system - focus, Normal 0 false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Economic implications, The State attempts to oversee, as exemplified by Art...

The State attempts to oversee, as exemplified by Art. 39 (b) and (c) of our Constitution, that private activities may not cause harm to the common good and in case they do so corre

Tr and tc curves explain-open-access optimum, Explain the following: (Cr...

Explain the following: (Critically Depensated) Growth Function                         Sustainable Yield Functions                         Logistic Growth Function

Agenda setting, Explain the stages and various coordination mechanism nvolv...

Explain the stages and various coordination mechanism nvolved in policy processes

Cost-based methods - relocation cost, Normal 0 false false ...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Policy composition and policy reversal, Let us now consider a situation in ...

Let us now consider a situation in which we know the timing of a change in policy but are unsure about the composition of the future policy. The association of different policy co

Stabilization policy, The monetarist and fiscal controversy is still on. Th...

The monetarist and fiscal controversy is still on. The recent history of the U.S. looks like a success story of the monetarists; but besides pure luck, it involved strong element o

Welfare foundations of economic policies, The term Public Economics came in...

The term Public Economics came into existence only in 1960s however a few titleswith nomenclature such as Public Finance had already started covering much ground,which is today cov

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd