|Why the regulation environmental pollution is increasing felt necessary in recent days? How do you determine the optimal level of pollution control form social point of view? How do you determine the optimal level of pollution control form social point of view? What are the various methods by the government to minimize the problem of pollution? Why the regulation of environmental pollution is felt necessary?|
- Direct regulation: The first method used by the government to make the business firm reduce pollution is the direct regulation. If the firms or individuals break this law or discipline of the government are punished.
- Effluent fee: The government encourages the firms or individuals to reduce pollution by imposing effluents fee. The effluents fee may be useful in the certain area where it has to maintain quality of local rivers. This experiment may be very successful in a particular area. However, in case of Nepal, it is not applicable. Those who are making dirt in the public place but nobody charge them. In order to manage the dirt, or wasteful material goods, the government can levy the pollution tax.
- Issue of transferable emissions permits: By issuing transferable emissions permits, the government may reduce the quantity of pollution. Such permit allows creating pollution in the given quantity. It means permits are being issued in limited quantity. If it is done the total quantity of pollution is equal to one determined by the government, this permits of limited number is distributed among the firms.