That market-based instruments are theoretically superior to regulatory tool is well established. Nevertheless, despite its many merits, the system of market-based incentive has not yet been extensively used nor its details fully worked out, the main drawback is the ability of the market or government to set prices for environment resources. Ideally, charges for destructive uses of the environment, such as the discharge of untreated waste, should be equal to the damage or external cost that these activities generate. In practice, however, it is widespread, often not easily quantifiable, and takes a long time to accumulate.