The different environmental policies have a high degree of significance in the context of economic policy making. The policy makers have to address a variety of factors that shape their policies. In the context of environmental policies decision, the role of instruments is highly significant. For the purpose of our discussion, we would undertake an extensive analysis of pollution control instruments as a means of implying environmental policy decisions (Goulder & Parry, 2013).
The environmental policies decisions are shaped to a vast extent by the use of pollution control instruments and thus we ...