ABSTRACT

THE POLLUTION CHAIN A flow chart of the pollution chain with policy feedback is shown in Figure 16.1. The major policy problem in dealing with environmental degradation is the variety

of pollution sources. Practically all human activities in an industrial society consume energy and natural resources and, as a result, these activities harm the environment to an extent determined by their nature and scope. Pesticides and fertilisers used in modern

SUMMARY A variety of economic instruments have been described in this chapter for reducing and controlling pollution created by human activities, together with an examination of their advantages, disadvantages and the optimal ways in which they could be applied to achieve best results.