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The text roughly outlines four categories of policies the government uses to mitigate negative externalities and protect the environment: Command and Control, Marketable Permits, Pollution
The text roughly outlines four categories of policies the government uses to mitigate negative externalities and protect the environment: Command and Control, Marketable Permits, Pollution Charges, and Defined Property Rights. Label each of the following potential government interventions by the policy categories listed above Charging a coal-fired plant $23 per ton of [ Choose | v carbon emitted. Provided permits to local manufacturing plants for 100,000 tons of CO2 and allowing them to buy and sell with each [ Choose ] v other. Providing legal property rights over a [ Choose | - stream to a local fishery so they can pursue damages from a lab polluting the stream. Requiring all newly produced cars and [ Choose | w light duty trucks to achieve 54.5 miles per gallon in 2025
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