Answers are grounded in this paper and cite their sources.
The recent literature on water resource management has argued for the allocative efficiency associated with effluent charge environmental controls. In this work we demonstrate that the operational characteristics of such techniques tend to render them impotent as standard maintenance measures. We then define a new effluent taxation structure that alleviates this significant operational weakness by incorporating a progressive taxation schedule that is tied to the water quality standards.
No takes yet. Share an insight, caveat, or question.
Terry A. Ferrar (1973) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: