What problems would a regulator face in using a system of pollution taxes to improve water quality

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What problems would a regulator face in using a system of pollution taxes to improve water quality in a river, where the main problem is point-source discharges from factories and sewage treatment works? What would be the main potential benefits of using such a tax approach, relative to regulation?

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Introduction To Environmental Economics

ISBN: 9780199568734

2nd Edition

Authors: Nick Hanley, Jason Shogren, Ben White

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