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