Environmental Regulation

Environmental regulation refers to laws and guidelines designed to protect the environment from harmful practices by businesses and individuals. In regulation economics, it addresses how these rules influence economic behavior, aiming to balance environmental protection with economic growth. By setting standards for pollution, resource use, and waste management, regulations encourage companies to adopt cleaner technologies and practices. While some argue that such regulations can increase costs for businesses, the overall goal is to protect public health and the planet, ensuring sustainable development for future generations.