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This paper examines voluntary provision of a public good that is motivated, in part, to compensate for other activities that diminish the public good. Markets for environmental offsets, such as those that promote carbon neutrality to minimize the impact of climate change, provide an increasingly...
Persistent link: https://www.econbiz.de/10012751722
This Article examines the role of private environmental governance (PEG) in climate change adaptation. PEG occurs when private organizations perform traditionally governmental functions such as providing public goods and reducing negative externalities. PEG initiatives that target climate change...
Persistent link: https://www.econbiz.de/10014081542
Environmental law has long been viewed as a public law field, with policymakers and practitioners conditioned to look to government for solutions to environmental problems, but private governance is playing an increasingly important role. Will private environmental governance become a mainstay...
Persistent link: https://www.econbiz.de/10013056791
Persistent link: https://www.econbiz.de/10003375167
This paper examines voluntary provision of a public good that is motivated, in part, to compensate for other activities that diminish the public good. Markets for environmental offsets, such as those that promote carbon neutrality to minimize the impact of climate change, provide an increasingly...
Persistent link: https://www.econbiz.de/10012464996
Persistent link: https://www.econbiz.de/10003385356
Persistent link: https://www.econbiz.de/10003409279
This paper develops a general model of private provision of a public good that includes the option to consume an impure public good. The model is used to investigate the positive and normative consequences of "green markets," which are based on technologies with joint production of a private...
Persistent link: https://www.econbiz.de/10014054965