Hussein, A. Kap 4-5.

Question 1

Emission Standards?

Answer 1

Maximum rate of efdluent discharge thats legally permitted. -> volume/quantity realesed per unit time.

Question 2

Ambient standard?

Answer 2

An allowable concentration of pollution.

Question 3

Technology standards?

Answer 3

Specific technology / production method that pollutors must meet - to limit on emissions.

Question 4

Effluent charges?

Answer 4

Tax or fee on polluters set by GOV. In dollars/Euro per unit of effluent in Env.
EX: $1.0 per unit of discharge in river/lake.

Question 5

Pollution control cost?

Answer 5

Cost from society’s clean up effort - controll pollution by using technology.

Question 6

Pollution damage cost?

Answer 6

Damage caused by untreated waste discharged into Environment.

Question 7

MCC?

Answer 7

Marginal control cost. Cost of reducing pollutions, one additional unit.

Question 8

MDC - Marginal pollution damage cost?

Answer 8

Social cost of damage to Env. in monetary terms, of each unit of pollution and increase at an accelerating rate.

Question 9

Optimal level of pollution?

Answer 9

Optimal = MDC = MCC

Question 10

Total pollution cost?

Answer 10

The sum of both MCC & MDC?

Question 11

Total waste disposal cost?

Answer 11

Total pollution cost +
Total pollution-damage cost =
Sum of MCC & MDC.