This paper investigates the relation between the optimal amount of pollution permits issued by an environmental agency and the mechanisms used to trade these permits in the "secondary market". We show that when permits are traded using a quote-driven mechanism, the total amount of permits to be...

Policies addressing air pollution from transport have in the past mainly focused on SO<SUB align="right">2</SUB>, NO<SUB align="right">x</SUB> and VOC through vehicle emission and fuel quality regulation. More recently however, CO<SUB align="right">2</SUB> emissions and particulates have come on the agenda because of global warming and the perception of the major role...</sub></sub></sub>

Bottom-up and top-down models are used to support climate policies, to identify the options required to meet GHG abatement targets and to evaluate their economic impact. Some studies have shown that the GHG mitigation options provided by economic top-down and technological bottom-up models tend...

This paper examines the effects of replacing current fuel taxes by a system of taxes that account better for all the different external costs of the different transport modes. One of the important implications of this reform is that current fuel taxes are decreased to a level of 80 euro/ton of...

In this paper, we study the policy interactions between meeting a greenhouse gas emission constraint and local air pollution policies. We use a partial equilibrium model of a national energy market to address three questions. Firstly, what is the greenhouse gas emission reduction one can expect...

The negotiation strategy of the European Union was analysed with respect to the formation of an international climate agreement for the post-2012 era. Game theory was employed to explore the incentives for key players in the climate policy arena to join future climate agreements. A - 20%...

In this paper we estimate the external cost caused by odor from an animal waste processing facility in Flanders, using new odor measures based on field measurements. We compare four ways of incorporating odor nuisance: distance to the source, distance zones, continuous odor measures, and odor...