Regulatory policies, often characterized as command-and-control, play a critical role in environmental protection. These policies set specific rules and standards which businesses and individuals must follow. The government typically establishes regulations based on scientific research, aiming to limit pollutants and protect natural resources.
Regulatory policies incorporate a variety of tools, such as:
- Direct limits or quotas on emissions.
- Technology-based standards that mandate certain types of pollution-control equipment.
- Product bans or restrictions, such as the prohibition of certain hazardous substances.
While such policies ensure that everyone must meet basic environmental standards, critics argue they can be inflexible and discourage innovation. However, proponents value their straightforwardness and enforceability, as regulators can directly monitor compliance and penalize non-conforming entities.