"Policy makers across the globe, and especially within the transatlantic arena, are faced with and enormous challenge -- the sustainability challenge. Building upon the growing presence of sustainability as a topic in natural science and ecological movements, this volume addresses the topic from...

The two distinct approaches to environmental policy include direct regulation-sometimes called 'command and control' policies-and regulation by economic, or market-based incentives. This book is the first to compare the costs and outcomes of these approaches by examining realworld applications....