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Offset Credits in the EU ETS: A Quantile Estimation of Firm-Level Transaction Costs
Naegele, Helene - In: Environmental & Resource Economics 70 (2018) 1, pp. 77-106
International carbon offset certificates were cheaper than European Union Allowances, although they were substitutes within the EU Emissions Trading System (EU ETS). Thus, firms had a strong incentive to use offset certificates. However, a considerable number of firms did not exhaust their...
Persistent link: https://www.econbiz.de/10012302895
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Forcing Firms to Think About the Future: Economic Incentives and the Fate of Hazardous Waste
Alberini, Anna; Frost, Shelby - In: Environmental & Resource Economics 36 (2007) 4, pp. 451-474
states in factors influencing disposal costs, and in the structure of the liability imposed on waste generators under certain … current disposal costs. Generators also find the concurrent presence of strict and joint-and-several liability a deterrent …
Persistent link: https://www.econbiz.de/10005684212
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Environmental Regulations Under Simple Negligence or Strict Liability
Egteren, Henry van; Smith, R. - In: Environmental & Resource Economics 21 (2002) 4, pp. 367-394
We use negligence and strict liability as the basis for environmentalregulations and show that, when jurisdictions … compete for firms that engagein environmentally risky behaviour, strict liability implements the sociallyoptimal outcome while … strict liability is used rather than simple negligence. Copyright Kluwer Academic Publishers 2002 …
Persistent link: https://www.econbiz.de/10005721947
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Liability for Past Environmental Contamination and Privatization
Earnhart, Dietrich - In: Environmental & Resource Economics 29 (2004) 1, pp. 97-122
This paper examines the role ofliability for past environmental contaminationin the privatization processes of Central andEastern Europe. In particular, it establishes alink between a risk-averse investor's amount ofinformation regarding the extent of pastenvironmental contamination (and its...
Persistent link: https://www.econbiz.de/10005722176
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(In)Efficient Environmental Policy with Interacting Pollutants
Kuosmanen, Timo; Laukkanen, Marita - In: Environmental & Resource Economics 48 (2011) 4, pp. 629-649
Persistent link: https://www.econbiz.de/10008926339
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The Ethics of Intertemporal Distribution in a Warming Planet
Roemer, John - In: Environmental & Resource Economics 48 (2011) 3, pp. 363-390
Persistent link: https://www.econbiz.de/10008926340
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Alternative Approaches to Cost Containment in a Cap-and-Trade System
Fell, Harrison; Morgenstern, Richard - In: Environmental & Resource Economics 47 (2010) 2, pp. 275-297
Persistent link: https://www.econbiz.de/10008678495
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Specifications of Social Welfare in Economic Studies of Climate Policy: Overview of Criteria and Related Policy Insights
Botzen, W.; Bergh, Jeroen - In: Environmental & Resource Economics 58 (2014) 1, pp. 1-33
An important assumption in economic studies of climate policy is the social welfare function. This paper shows that applying distinct decision or social welfare criteria can result in different optimal policies of climate control, notably if climate change impacts are uncertain. First, decision...
Persistent link: https://www.econbiz.de/10010862719
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The Welfare Consequences of Pollution-Tax Harmonization
Vlassis, Nikolaos - In: Environmental & Resource Economics 56 (2013) 2, pp. 227-238
A key, and often controversial, issue in environmental negotiations is the appropriate extent of harmonization of environmental policies. This paper, within a general equilibrium model of international trade with endogenous pollution discharges, identifies instances in which pollution-tax...
Persistent link: https://www.econbiz.de/10010862727
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Rio+20: Looking Back at 20 Years of Environmental and Resource Economics
Gerlagh, Reyer; Sterner, Thomas - In: Environmental & Resource Economics 54 (2013) 2, pp. 155-159
Twenty years on from the Rio ’92 conference, we must face the fact that there have been a few successes but more failures. Scientific complexity, uncertainty, short-termism inherent in politics, the free-rider problem, and issues of fairness are part of the explanation for the lack of...
Persistent link: https://www.econbiz.de/10010862728