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18 February, 03:19

Three methods the government can use to cope with the external cost from pollution are

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  1. 18 February, 03:24
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    Three methods the government can use to cope with the external cost from pollution are:

    1) Taxes, by cutting down a pecentage of Citizen's income to be added to Government's budget

    2) Emission Charges, a fees collected by the government as a collateral for creating pollution

    3) Cap-and-trade, Giving incentives to a certain economic sector to fight pollution
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