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The main components of environmental law, convoluted treaties, agreements, regulations, and common law, work together to facilitate synchronized interaction between humans and the natural environment, and ensure the mitigation of the impacts of human activities. The elements of environmental law mainly revolve around pollution control and remediation, and the management and conservation of resources. Pollution control focuses on individual environmental medium such as water, air or land, and encompasses control of the release of pollutants into such media, and the accountability of entities that exceed the allowed level of emissions. On the other hand, laws on management and conservation of resources focuses on single resources such as forests, animal species, mineral deposits and various intangible resources. The laws define the criteria for the extent of the use of the described resources. Pollution control and the management and conservation of resources often interact in various spheres of environmental conservation. For example, municipal, state and national laws on development and land use contain clauses that regulate the pollution of lakes and rivers, and protect the recreational values of the water bodies. We will write a reflective essay focusing on the controversy relating to the limitations, benefits and expenses environmental laws impose on commerce. While the main objective of pollution control laws is to preserve the natural environment and human health, management and conservation of resources seeks to balance the benefits of environmental preservation and the utilization of resources in the economic sphere. From the view of an economist, environmental laws, in regulating decisions on present and future use to preserve common resources, impose unquantifiable limitations and expenses.