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Experience with Market-Based Environmental Policy Instruments AgEcon
Stavins, Robert N..
Environmental policies typically combine the identification of a goal with some means to achieve that goal. This chapter for the forthcoming Handbook of Environmental Economics focuses exclusively on the second component, the means - the "instruments" - of environmental policy, and considers, in particular, experience around the world with the relatively new breed of economic-incentive or market-based policy instruments. I define these instruments broadly, and consider them within four categories: charge systems; tradable permits; market friction reductions; and government subsidy reductions. Within charge systems, I consider: effluent charges, deposit-refund systems, user charges, insurance premium taxes, sales taxes, administrative charges, and tax...
Tipo: Working or Discussion Paper Palavras-chave: Market-based policy; Economic incentives; Tradable permits; Emission taxes; Environmental Economics and Policy; Q28.
Ano: 2001 URL: http://purl.umn.edu/10909
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Fiddling while carbon burns: why climate policy needs emission pervasive pricing as well as technology promotion AgEcon
Pezzey, John C.V.; Jotzo, Frank; Quiggin, John C..
Effective climate policy requires global emissions of greenhouse gases to be cut substantially, which in energy sectors can be achieved by lower emissions supply technologies, greater energy use efficiency, and substitution in demand. For policy to be efficient requires fairly uniform, pervasive emission pricing from taxes, permit trading, or hybrid combinations of the two, as well as significant government support for low-emission technologies. We compare the kind of technology-focused climate policies currently adopted by Australia and the USA, the ‘'Asia-Pacific Partnership on Clean Development and Climate'’ (AP6), against this ideal policy yardstick. We find they omit the need for emission pricing to achieve abatement effectively and efficiently; they...
Tipo: Conference Paper or Presentation Palavras-chave: Greenhouse gas emissions; Abatement; Emission taxes; Emissions trading; Technology policy; Innovation; Asia-Pacific Partnership; AP6; Environmental Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/10395
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