POLLUTION TYPES: Pollution residuals fall into one of three categories--degradable, nondegradeable, and persistent. Damage done by each type, and thus external cost, typically varies. At one extreme are degradable residuals and at the other are nondegradable. In the middle are persistent residuals. See also | pollution | environment | externality | Pigouvian tax | materials balance | recycling | Coase theorem | command and control | pollution rights market |
