Match the Government initiatives to reduce pollution with the year in which they into effect *
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Government policies to reduce pollution
1. Tax. e.g. Carbon tax, which makes people pay the social cost of pollution.
2. Subsidy. e.g. subsidy of alternative energy sources.
3. Pollution permits, e.g. carbon trading schemes where firms are given the right to pollute a certain amount; these permits can be traded with other firms.
4. Regulation. Limits on a number of pollutants that can be discarded into the atmosphere.
5. Changing consumer behaviour – e.g. through advertising, nudges.
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