Difficulty moderate field learning describe the

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Difficulty: Moderate Field - Chapter 18 #15 Learning Objective: 18-01 Describe the role of the Canadian Environmental Protection Act in regulating and reducing the emissions intensity of toxic compounds.
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16. List four potential policies that could be adopted to provide firms with the incentive to reduce their production of hazardous wastes. Four potential policies that could be adopted to provide firms with the incentive to reduce their production of hazardous wastes include: 1) making hazardous waste disposal more difficult and costly; 2) use of liability and compensation laws; 3) incentive-based policies like emission taxes; and 4) use of moral suasion by making NPRI data public. Difficulty: Moderate Field - Chapter 18 #16 Learning Objective: 18-03 Describe the potential for cost effective policies to mitigate hazardous waste. 17. List two problems with making hazardous waste disposal more difficult and costly as an option for reducing hazardous waste. The thinking behind this approach is that if waste disposal is made more difficult and costly, firms will be motivated to search for better ways of reducing the quantities of waste requiring disposal. A major flaw with this approach is that the vast majority of hazardous waste is not subject to disposal regulations because it never leaves the premises of the firms where it is generated. A second problem is that this policy may lead to firms illegally disposing of hazardous wastes. Difficulty: Moderate Field - Chapter 18 #17 Learning Objective: 18-03 Describe the potential for cost effective policies to mitigate hazardous waste. 18. List two problems with using incentive-based policies to deal with hazardous wastes in Canada. Two problems that arise with using an incentive-based policy such as a tax to regulate hazardous wastes are: 1) Because the NPRI data are self-reported by each source of emissions there is an incentive for firms to underreport emissions; and 2) the costs of monitoring are expensive, but if monitoring occurs, emission taxes increase the incentive for firms to illegally dump toxic wastes.
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