Question

Examples of incentives that might be introduced to influence companies such as and gasoline producers to address the air pollution problems associated with cars.

Answer 1

Environment tax or green tax is example of incentive based regulatory approach.this is defined as an approach to environmental protection that utilizes taxes connected to pollution emissions and waste productions.subsidies for pollution control is another incentive based approach.this is defined as financial support granted by the government for activities and Products deemed to be environment friendly, instead of attaching a charge to companies that creates pollution, subsidies for pollution control reward companies and industries that take steps to reduce pollutants.