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Costs of alternative environmental policy instruments in the presence of industry compensation requirements
Environmental instrument choice Pollution control Compensation requirements Emissions abatement costs
2015/7/17
This paper explores how the costs of meeting given aggregate targets for pollution emissions change with the imposition of the requirement that key pollution-related industries be compensated for pote...
The choice of pollution control instrument is a crucial environmental policy decision. With growing momentum for federal legislation to control greenhouse gases, interest among policy makers in the is...
Rethinking Environmental Economics: Missing Links Between Economic Theory and Environmental Policy
environmental economics economic theory environmental policy
2011/10/23
The article presents a reassessment of environmental economics, through a discussion on the missing links between economic theory and environmental policy. In general, economic theory provides the bas...
Optimal Aid in Environmental Policy A Real Options Approach
external effect direct aid social welfare environmental policy
2009/5/6
In this paper, we analyze an environmental policy that is designed to reduce the emission of pollutants when there is uncertainty over the social costs of environmental damage.We first establish a mod...
Optimal Aid in Environmental Policy
external effect direct aid social welfare environmental policy
2010/12/7
In this paper, we analyze an environmental policy that is designed to reduce the emission of pollutants when there is uncertainty over the social costs of environmental damage.We first establish a mod...