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Find a news article about any pollution problem. For this pollution problem, how should we determine the socially-desirable level of pollution? discuss the following which

Find a news article about any pollution problem. For this pollution problem, how should we determine the socially-desirable level of pollution? discuss the following which need to link with the article. 1. How do we determine the socially-desirable level of this particular pollution according to the Pareto Criterion? 2. What information do you require to determine the socially-desirable level? EG: For each group that may be affected, what are the specific costs and benefits that you would need to measure? EG: If damages that occur in the future are important, what discount factor do you recommend? How would you use this information to determine the socially-desirable level of this pollution? 3. Are there any distributional consequences from reducing this pollution? If so, how should we respond to these (if at all)? 4. Consider one other criteria that we might use to assess the socially-optimal level of this pollution (For example: Sustainability (weak or strong), Biocentric, Anthropocentric, Precautionary Principle). How would this change the socially-desirable level of pollution? Which criteria do you consider to be more appropriate? Explain why. Your audience is a government decision-maker, who is trying to decide whether or not to regulate polluters. A non-economist should be able to understand your point. 1.It is clear what pollution issue and news article is being examined. 2. Specifically addresses the particular pollution problem mentioned in the news article, rather than discussing the pollution in general terms. 3. Considers a range of arguments for and against the approach recommended in the essay. 4. Supports arguments using facts and statistics from reputable sources

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