Pollution Control Economics

Pollution Control Economics examines the costs and benefits of various strategies to reduce environmental pollution. It considers the economic impact of pollution on health, ecosystems, and resources, while weighing these against the costs of implementing cleaner technologies or regulations. This field seeks efficient solutions that minimize total costs while maximizing environmental quality, often using tools like taxes, subsidies, or tradable permits. By understanding these trade-offs, society can make informed decisions about how to protect the environment while balancing economic growth and individual well-being.