| A | B |
|---|
| command and control approach | government sets rules for environmental impacts, then uses a special agency to monitor environmental impacts, as well as to punish those who violate rules |
| Environomental protection agency (EPA) | one of the United States' most powerful environmental monitoring and enforcement agencies |
| subsidy | a gift/grant or low cost loan from the government; can be used to make environmental improvements |
| green tax | a tax used to pay for the environmental damage a person or corporation causes; if you don't cause environmental damage, you don't pay it |
| tax incentive | lowering a person's or corporation's taxes when environmental improvement's are made |
| CAP and Trade | government sets a limit for how much pollution all corporations in its nation can produce (a CAP), then issues permits for companies giving each ability to emit certain amount pollution. Corporations can sell permits for pollution they don't emit, making a profit. |
| ecolabel | a product label that shows how the product was made with lower environmental impact than other products |
| CAP | total amount of each type pollution permitted in an entire nation. |
| pollution permit | amount of pollution allotted for each corporation per year; the company can sell permits not used at a profit |
| free market incentives | spme companies make less environmentally damaging products to appeal to consumers who prefer to buy "green" |
