Cost on Polution Essay

Microeconomics
Cost of Pollution
Can anyone really put a price on pollution?   Does it cost resources?   How much money does it cost?   Does it cost us our future?   All of these questions are what come to mind when I think of the price of pollution.
When I first read about the assignment I wasn’t too enthralled on the topic, but after reading about the permits it brought some new insight on the pollution problem we have.   I find the selling of said permits a great way to monitor and control how much pollutant we are putting into the atmosphere.   To me it gives those who want to clean up the environment a chance or rather a buy in.   I loved the example of the college class that all donated five dollars to purchase their own permit.   It may be a small blot on the paper but at least it’s a start.
The government will need to be careful however on how much they supply.   The rule of supply and demand still stands even though we’re talking about pollution.   If the government gets too greedy and decides to have a lot of permits available the demand might go down and would in my opinion allow bigger companies to acquire more permits and further increase pollution.
No matter which way you look at it pollution is a hard thing to try and combat.   I think the government has a good thing going by having permits.   It controls pollution as also gives some revenue.   Even though it’s a great notion, that pollution is often caused by something that gives us another resource.   I think that the government should take the revenue it makes on selling permits and put that to research and development to make an even greener economy.