Published:
November 1, 1995
Originator:
Chesapeake Bay Program

One of the most important reasons to consider market-based policies is to facilitate the development of innovative pollution control strategies. This report explains the different ways in which the price or cost of environment activities can be established. Conventional ways of obtaining improved environmental quality are increasingly costly. The market-based environmental policies reviewed above offer many opportunities to improve the environment and control the costs of compliance.

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