Allied Journal of Environmental Earth Sciences

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Allied Journal of Environmental Earth Sciences 44 7897 074717

Environmental-Economics-Innovations

Environmental economics is a part of economics that studies the financial impact of environmental policies. Environmental economists make studies to determine the theoretical or empirical effects of environmental policies on the economy. Environmental economists are concerned with categorizing specific problems to be rectified, but there can be several approaches to explaining the same environmental problem. This field of economics supports operators design suitable environmental policies and analyze the things and merits of existing or proposed policies. If a state is annoying to impose a transition to clean energy, for example, they have some options. The government can execute a forcible limit on carbon emissions, or it can adopt more incentive-based solutions.

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