Question

QUESTION In thePlanet Money epsode "The Less Deadly Catch the program discusses a public policy change that was intended to help conserve fish species by regulating commercial fshng How would you descrbe the new policy approach? Was it an example of a "command and control policy or was it a "market-oniented environmental tool, and if it was a market.orented tool which kind of market-orented tool was it? QUESTION 6 10 points In thePlanet Money episode "The Less Deadly Catch" the program discusses a public policy change that was intended to help conserve fish species by regulating commercial fishing. How would you describe the new policy approach? Was it an example of a "command and control" policy or was it a "market-oriented environmental tool," and if it was a market-oriented tool, which kind of market-oriented tool was it? TT T Arial 3 (12pt) T-E In thePlanet Money episode "The Less Deadly Catch" the program discusses a public policy change that was intended to help conserve fish species by regulating commercial fishing. How would you describe the new approach? Was it an example of a "command and control" policy or was it a "market-oriented environmental tool," and if it was a market-oriented tool, which kind of market-oriented tool was it? policy

Answer 1

The episode "less deadly catch" program showed a public policy which could lower down commercial fishing. Commercial fishing has resulted in overfishing, eventually lowering down the number of fishes in the water bodies. Therefore, after the introduction of the public policy which will help in conserve fishes and thus will not let to over exploitation will be a 'market oriented environmental tool' policy. This is not the case of 'command and control'. Overhunting of population of fish has raised this public policy to conserve fishes. This is strictly the issue of fish conservation. Command and control would have been the policy of the issue of conservation of fish would not have raised. This is the market oriented environmental tool of marketable permits. As the commercial fishing has been regulated, this means the marketable permit has been placed as a tool for 'marketable environmental tool'.