Frondel, Manuel (contributor); Horbach, Jens (contributor); … - 2004 - [Elektronische Ressource]
. Whilethiskindofregulationcertainlyhasprotectedtheenvironment,
it has also encouraged firms to focus on end-of-pipe technologies that control pollution
at the factory smokestack …, rather than on preventing pollution. Mandatory regulation
has also tended to impose higher costs on both firms and regulators … and management practices by incor-
porating environmental concerns in production decisions.
Emphasizing pollution …