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ECS2606 Assignment 2 2024 unlock your path to success with the meticulously crafted solution for ECS2606 Assignment 2 2024. This comprehensive guide not only provides accurate answers to the questions but also presents well-structured explanations that sh

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Course
ECS2606

Institution
University Of South Africa

Book
Environmental Economics

Unlock your path to success with the meticulously crafted solution for ECS2606 Assignment 2 2024. This comprehensive guide not only provides accurate answers to the questions but also presents well-structured explanations that showcase your understanding. Let this exceptional resource elevate your ...

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ecs2606

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ECS2606
Assignment 2
DUE 20 September
2024

[Year]

[Type the company address]

,  Book
 Environmental Economics

ECS2606 Assignment 2 (COMPLETE ANSWERS) Semester 2 2024) - DUE
20 September 2024 ; 100% TRUSTED Complete, trusted solutions and
explanations.

. 1. Discuss the different incentive-based policies which are available
in environmental economics. [10]

In ecological financial matters, motivation based arrangements are
components intended to support organizations, people, and different elements
to diminish their natural effect by adjusting monetary motivators to natural
objectives. These approaches frequently intend to incorporate the outer
expenses of contamination, advancing more feasible way of behaving. Here
are a portion of the essential kinds of impetus based strategies:

1. Expenses and Charges (Pigovian Duties)

• Depiction: Charges forced on exercises that produce negative
externalities, like contamination. The assessment is set equivalent to the
assessed cost of the outside harm, in this way assimilating the expense.

• Model: Carbon charges are demanded on the carbon content of
petroleum derivatives, empowering decreases in ozone depleting substance
emanations.

2. Sponsorships and Awards

• Portrayal: Monetary motivators gave to empower earth valuable
exercises. These can bring down the expense of embracing green advances
or practices.

• Model: Sponsorships for sustainable power establishments, like sunlight
based chargers or wind turbines, can empower interest in clean energy.

3. Tradable Licenses (Cap-and-Exchange Frameworks)

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