This article develops a framework for environmental policy analysis based on an encompassing assessment of transaction costs. This approach emphasizes the <italic>ex ante</italic> costs of establishing environmental entitlements, and the <italic>ex post</italic> costs of administrating, monitoring, and enforcing them. The...

Integrated assessment frameworks which can account comprehensively for the benefits related to water quality improvements have not yet been established. The main challenge is to link economic valuation with hydrological data in an appropriate way. We here explore the so-called 'impact pathway...

Cap and trade programs have been a commonly proposed method to regulate emissions of various pollutants. As many countries move forward with plans to regulate CO₂ emissions, concerns over containing the costs of such policies often arise given the relatively large scope of the programs. We...

There have been five large tradable permit programs (US Acid Rain Program, US Nitrogen Budget Program, Los Angeles Regional Clean Air Management Program, EU Emissions Trading Scheme, and the US Lead Phase Down) in effect long enough to have potentially yielded data to test whether the program...

Biomass offers an alternative renewable energy source to fossil fuels and can be used to produce energy directly or through the production of liquid biofuels, e.g., ethanol, as a substitute for liquid transport fuels. Biomass also offers a vehicle to sequester carbon dioxide, thereby reducing...

This article surveys recent studies on costs, potential barriers to implementation and marketability of Carbon Dioxide Capture and Storage (CCS). Moreover, it discusses potential incentive schemes to push CCS into the market and, finally, provides an overview over cost types and forecasting...

This paper provides a summary and a critical survey of the methodologies and results of the literature on the economics of adaptation. We divide the literature into two broad areas of research. First, we examine the studies that analyse adaptation from a bottom-up perspective. Second, we...

If governments cannot commit to future carbon tax rates, investments in greenhouse gas mitigation will be based on uncertain and/or wrong predictions about these tax rates. Predictions about future carbon tax rates are also important for decisions made by owners of nonrenewable carbon resources....

How consumers evaluate trade-offs between the cost of buying additional fuel economy and the expected fuel savings that result is an important underlying determinant of the overall cost of national fuel economy standards. Models of vehicle choice are a means to predict the change in consumers'...

The aim of this paper is to analytically review the contemporary scientific literature in range management. To this end, we first focus on the ecology and the management of rangelands. Second, we concentrate on the economics and the management of rangelands. Third, we shed light on significant...