Describe two major justifications for environmental policy, and discuss three problems that environmental policy seeks to address.

Answer:The two major justifications for environmental policy are to regulate resource use (promote sustainable use of current resources without jeopardizing the future availability of those resources) and to minimize pollution.

Three problems that environmental policy commonly seeks to address are the tragedy of the commons, free riders, and external costs.

Explanation:Tragedy of the commons refer to those resources that are not own by particular individuals but are accessible to every member of the society and as a result they get misused or overused or exploited.