Economic Incentives for Pollution Control: by Media

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	EXECUTIVE SUMMARY
	1. INTRODUCTION
	1.1. PURPOSE OF REPORT
	1.2. DEFINITIONS
	1.4. SCOPE OF REPORT
	2. GOVERNMENT POLICIES ON ECONOMIC INCENTIVES
	2.1.3. Council on Sustainable Development
	2.1.4. Vice-Presidential National Performance Review
	2.1.5. Executive Order 12866 and Related OMB Guidance
	2.2.1. Economic Incentives: Options for Environmental Protection
	2.2.3. The Project 88 Report
	2.2.4. Executive Order 12291 and EPA Guidelines for Performing Regulatory Impact Analysis
	2.3. CONCLUSIONS
	3.1. BACKGROUND
	3.2. COMMAND AND CONTROL
	3.3. INCENTIVE-BASED MECHANISMS
	3.3.1. Pollution Taxes, Fees, and Charges
	3.3.2. Subsidies
	3.3.3. Trading Systems
	3.3.6. Liability for Health and Environmental Harm
	3.4. RELATIVE ECONOMIC EFFICIENCY
	3.6. IMPACTS ON ENVIRONMENTAL QUALITY
	3.7. FINDING THE RIGHT INSTRUMENT FOR THE PROBLEM
	4.1. INTRODUCTION
	4.5. PRODUCT CHARGES
	4.5.1. Federal Product Charges
	6. TRADING SYSTEMS
	7.2. POLLUTION PREVENTION AND CONTROL

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