Enission Standard Flashcards
1
Q
Regulatory instruments
A
Rules that define legally permissible range of a specific behaviour
2
Q
Emission standard
A
Legal rule placing an upper limit on The quantity of pollutant which The polluter may legally emit
3
Q
Emission standard performance
A
Specifically restricts emission behaviour,does snot impose a cost on emission behaviour, minimum cost not cost effective, it performs well in terms of goal achievement
4
Q
Market based incentive
A
Influence choice by altering relative prices, costs of various behavioural options