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| Krupnick, Alan J.; Morgenstern, Richard D.; Fischer, Carolyn; Rolfe, Kevin; Logarta, Jose; Rufo, Bing. |
| The Asian Development Bank has sponsored research on market-based instruments for managing pollution in Metro Manila, Philippines, where air quality is seriously degraded. This report offers three policy options for reducing particulate emissions and their precursors. For stationary sources, we recommend an emissions fee that creates efficient financial incentives to reduce emissions while raising revenues for monitoring and enforcement activities. For mobile sources, we propose a pilot diesel retrofit program using a low-cost technology that is effective at existing 2,000 ppm sulfur content. Second, we recommend a charge on the sulfur content of diesel fuel to encourage meeting and surpassing the 500 ppm standard to allow for more advanced particulate... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Air pollution; Emissions tax; Philippines; Particulates; Environmental Economics and Policy; Q25; Q01. |
| Ano: 2003 |
URL: http://purl.umn.edu/10612 |
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| McEvoy, David M.; Stranlund, John K.. |
| Although the theoretical literature on the performance of voluntary approaches to environmental protection has progressed quite far in the last decade, no one has rigorously addressed the obvious point that even voluntary emissions control policies must be enforced. This paper examines the consequences of the need for costly enforcement of voluntary environmental agreements with industries on the ability of these agreements to meet regulatory objectives, the levels of industry participation with these agreements, and the relative efficiency of voluntary and regulatory approaches. We find that enforcement costs that are borne by the members of a voluntary emissions control agreement limit the circumstances under which an agreement can form in place of an... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Voluntary agreements; Self-enforcing agreements; Emissions tax; Enforcement; Environmental Economics and Policy; L51; Q58. |
| Ano: 2007 |
URL: http://purl.umn.edu/7382 |
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| Parry, Ian W.H.. |
| Previous studies suggest that emissions taxes are more efficient at stimulating the development of improved pollution abatement technologies than other policy instruments, such as (non-auctioned) tradable emissions permits. We present results from a competitive model that cast some doubt on the empirical importance of this assertion. For example, we find that efficiency in the market for "environmental R&D" under tradable permits is typically less than 6 percent lower than that under an emissions tax for innovations that reduce pollution abatement costs by 10 percent or less. However the discrepancy is more significant in the case of more major innovations. We also find that the presence of R&D spillovers per se does not necessarily imply large... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Emissions tax; Tradable emissions permits; Performance standard; R&D; Efficiency effects; Patents; Environmental Economics and Policy; Q28; O38. |
| Ano: 1997 |
URL: http://purl.umn.edu/10653 |
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