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In this paper we empirically compare the transaction costs from monitoring, reporting and verification (MRV) of two environmental regulations directed to cost-efficiently reduce greenhouse gas emissions: a carbon dioxide (CO2) tax and a tradable emissions system. We do this in the case of...
Persistent link: https://www.econbiz.de/10011144118
In this paper we analyze the eects of the choice of price (taxes) versus quantity (tradable permits) instruments on the policy response to technological change. We show that if policy responses incur transactional and political adjustment costs, environmental targets are less likely to be...
Persistent link: https://www.econbiz.de/10008635710
The National Wildlife Refuge system is a network of permanently protected open space encompassing more than 150 million acres across 50 states. Maintaining such a large network of permanently protected open space can put the federal government at odds with local communities when management...
Persistent link: https://www.econbiz.de/10010818747
Santiago was one of the first cities outside the OECD to implement a tradable permit program to control air pollution. This paper looks closely at the program’s performance over the past ten years, stressing its similarities and discrepancies with trading programs implemented in developed...
Persistent link: https://www.econbiz.de/10005651656
We use firm-level data to study the adoption of Environmental Management Practices (EMPs) in the most polluting industrial sectors in Bulgaria, Hungary, Lithuania, Poland, Romania, and Slovakia during the 1990 – 1998 period when these countries were in a transition away from a centrally...
Persistent link: https://www.econbiz.de/10008514820
To reduce plastic bag litter, China introduced a nationwide regulation requiring all retailers to charge for plastic shopping bags on June 1, 2008. By using the policy implementation as a natural experiment and collecting individual-level data before and after the implementation, we investigate...
Persistent link: https://www.econbiz.de/10008494020
There are many situations where environmental authorities use a mix of environmental policy instruments, rather than one single instrument, to address environmental concerns. For example, one instrument may be used to reduce overall emissions of a pollutant while another is used to address...
Persistent link: https://www.econbiz.de/10005207234
We examine the choice of policy instrument price, quantity, or a mix of the two when two pollutants are regulated and firms’ abatement costs are private information. A key parameter that affects this choice is the technological externality between the abatement efforts involved, i.e., whether...
Persistent link: https://www.econbiz.de/10009322953
Agriculture remains a major sector of the New Zealand economy, with the vast majority of farm and food production exported. The accelerating intensification of farming in New Zealand over recent decades raises concern over the current sustainability of New Zealand farming, and whether it can...
Persistent link: https://www.econbiz.de/10008876245
Norwegian agriculture makes a disproportionate contribution to the country’s emissions of greenhouse gases (GHG) relative to its contribution to gross domestic product (GDP) – a picture that is repeated globally. Using a detailed economic model we examine what impacts an assumed 30 per cent...
Persistent link: https://www.econbiz.de/10010818943