This paper contributes to the debate on the effectiveness of carbon trading schemes when contrasted with carbon taxes in reducing environmental externalities. An experimental survey explored individual's behavioural response to a personal carbon trading (PCT) scheme or a carbon tax (CT), both...

<title>Abstract</title> The paper reports on an innovative application of stated preference techniques to derive values of aircraft noise by time of day and by day of week. Revealed preference techniques cannot provide such segmentations, which would clearly be of use in policy development, especially relating...

Climate change is one of the greatest challenges confronting the international community requiring action to achieve deep cuts in carbon emissions. The implementation of potentially uncomfortable but necessary policy measures is, though, critically dependent upon public acceptability. This paper...