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Role Of Government Intervention In Environmental Issues

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Term Paper TitleRole Of Government Intervention In Environmental Issues
# of Words793
# of Pages (250 words per page double spaced)3.17
Role of Government Intervention in Environmental Issues

Role of Government Intervention in Environmental Issues


          In environmental cases, a policy framework is sometimes more effective
when there is less government intervention.  As the level of government
intervention diminishes, this allows more flexibility for corporations to
achieve efficiency.   Furthermore the traditional command and control approach
has proven to be costly, bureaucratic and often inefficient.
It is important to address the fact that there are numerous benefits that can
be achieved for both policy makers and industries, if a policy framework is
based on market forces.   However it is important that there is a need for some
government intervention, but should be as minimal as possible.
          I have chosen to examine the article from the New York Times entitled
RU.S. Seeking Options of Pollution RulesS.  Although pollution is detrimental to
our environment, you have to take into account that it is almost impossible to
entirely prevent pollution.  This is scientifically impossible and it would have
severely negative economic impact on the industries.  So the core issue becomes
the fact no matter what, there will always be pollution, as long as these
industries exist.  So we should focus on how we can minimize this and yet at the
same time have an efficient market system?  Furthermore, we should also focus on
how we can accomplish this so that sustainable growth and development can take
place.  So there is definitely a need for some form of government intervention
to enforce and monitor this.  Reason being that there is always an element of
equality that has to be enforced, when dealing with cases such as this.  For
instance, larger corporations may have an advantage over smaller corporation,
since they have stronger influence on politicians and lobbyists.  So the
governmentUs role should be to ensure that all industries (regardless size
and/or power) have equal opportunities to benefit from this type of approach.
In another words, the government should simply be a RwatchdogS. Government
should monitor so that the distribution and transaction of the permits are done
in an appropriate manner.
          The case of Minnesota Mining & Manufacturing Corporation is a classic
example of tradable permit approach.  Under this model corporations are able to
buy, sell and trade permits that legally allows emission.  Many economists have
favored this approach because this also prov...

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