Chapter 16: Pollution, The Environment and Global Warming

direct government regulation of pollution through taxes or emissions limits.

negative health impacts and associated health care costs resulting from pollution for those living downstream or downwind from pollution- emitting firms, reductions in property or product value, limits on views because of smog, smoke or exhaust, as well as impacts on climate change.

________ is contamination of the 'environment that causes instability, harm, or disruption to ecosystems.

________ are not limited to pollution- related situations.

how collective ownership of a resource can lead to overuse and destruction of the resource.

In a cap and trade system of pollution reduction, polluters can buy tradable pollution rights that give the right to emit a specific amount of pollutant. The amount of tradable pollution rights issued is capped at the desired pollution level.

reductions in emissions of carbon dioxide in one place that offset emissions of carbon dioxide made elsewhere.

controls or restrictions on specific sources of pollutants.