This paper investigates the compliance behavior of firms that are simultaneously regulated by multiple environmental programs. Three possible relationships among compliances with multiple programs are considered: complementarity, substitution and independence. These relationships reflect the...

The literature on environmental R&D frequently studies innovation as a two-stage process, with a single R&D event leading from a conventional polluting technology to a perfectly clean backstop. We allow for uncertainty in innovation in that the new technology may turn out to generate a new...

The Canadian Cost-Benefit Analysis Guide: Regulatory Proposals, sets out the general methodology and analytical steps to perform a cost-benefit analysis of proposed regulatory changes. To make the Guide operational, this case study has been prepared following the analytical approach recommended...

This paper extends the classical exhaustible-resource/stock-pollution model with the irreversibility of pollution decay. Within this framework, we answer the question how the potential irreversibility of pollution affects the extraction path. We investigate the conditions under which the economy...

Im April lehnte das Europäische Parlament den Vorschlag der EU-Kommission ab, vorübergehend CO2-Emissionszertifikate vom Markt zu nehmen, um so den Preisverfall für Emissionsrechte zu stoppen und Anreize für die Industrie, in klimafreundliche Technologien zu investieren, zu setzen. Steht die...

Der Beitrag aus der Reihe »Kurz zum Klima« zeigt sowohl die Politikmaßnahmen zur Vermeidung von CO2-Ausstoß in Städten als auch die Anpassungsmaßnahmen an den Klimawandel auf.

This study aims at assessing the impacts of different approaches to IPPC implementation on competitiveness of companies in two industrial sectors (electric steelmaking and domestic glass production). As the provisions of the IPPC Directive allow a certain flexibility for Member States to set...

In this paper, we extend the well known result that hyperbolically discounting agents tend to postpone costs into the future. In a simple model we show that, without commitment to the ex ante optimal plan, no investment in environmental protection is undertaken over the whole time horizon, no...

All advanced industrialized societies face the problem of air pollution produced by motor vehicles. In spite of striking improvements in internal combustion engine technology, air pollution in most urban areas is still measured at levels determined to be harmful to human health. Throughout the...