Question: 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

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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Using a system of pollution taxes to improve water quality can be an effective way to curb pollution However the regulator might face several challeng... View full answer

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