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In 2017, LE Europe, VVA, Ipsos, ConPolicy and Trinomics were commissioned by the European Commission to conduct a behavioural study on consumers' engagement in the Circular Economy (CE). The objective was to provide policy-relevant insights to assist with the implementation of the EU Circular...
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The efficiency implications of different property right allocations when two environmental goods can be produced under the condition of economies of scope are analysed. It is assumed that an environmental agency – acting on behalf of the community – employs an auction‐based mechanism to...
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In theory, competitive emission permit markets minimise total abatement cost for any emissionceiling. Permit markets are often imperfectly competitive, however, if they are thin anddominated by large firms. The dominant firm(s) could exercise market power and increase otherfirms’ costs of...
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In this paper, we develop a formal model that combines point-source emitters of waste, with landholders that can provide pollution-offset activities, in one ‘environment economy’. We use the model to demonstrate the societal benefits of such a system relative to a stand-alone tradable permit...
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