8.4 effectiveness Flashcards
zoning restrictions
Land use requirements that are enforced by government.
These laws may require that historic buildings be preserved, that parking lots are built or that there is a certain amount of green space relative to developed space.
CAC problems
can have rebound effects, push dirty activities to other places and have other issues that limit their effectiveness
common patterns to real-world effluence taxes
- The motivation is primarily for raising revenues rather than use the tax to lower emissions.
- Revenue is usually earmarked for use in environmental improvement projects.
- Effluence charges are not high enough to incentivize firms to change behavior. In fact, the seem designed in a way to eliminate that incentive.
- The charges start low and then increase at a rate that is faster than inflation
why incentive based approaches?
improve the environment at a lower cost then traditional command-and-control methods
regulation by inefficiency
When regulation to protect fisheries chooses costly command-and-control regulation.
The goal is to create technological requirements for fishers that are deliberately expensive in order to discourage fishing