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Environmental Economics, has established itself as one of its field's most authoritative texts, as well as one of the more challenging. It distinguishes itself from other books by presupposing that readers already have an understanding of intermediate microeconomics. Thus, this bookconcentrates only on environmental economics - problems of pollution of earth, air, and water - with an emphasis on regulation and private-sector anti-pollution incentives, and coverage of international examples.
Intermediate Environmental Economics has established itself as one of the field's most authoritative texts, as well as one of the more challenging. It distinguishes itself from other books by presupposing that readers already have an understanding of intermediate microeconomics. Thus, this book concentrates only on environmental economics-problems of pollution of earth, air, and water-with an emphasis on regulation and private-sector anti-pollution incentives, and coverage of international examples.
Over the last decade, market-based incentives have become the regulatory tool of choice when trying to solve difficult environmental problems. Evidence of their dominance can be seen in recent proposals for addressing global warming (through an emissions trading scheme in the Kyoto Protocol) and for amending the Clean Air Act (to add a new emissions trading systems for smog precursors and mercury--the Bush administration's "Clear Skies" program). They are widely viewed as more efficient than traditional command and control regulation. This collection of essays takes a critical look at this question, and evaluates whether the promises of market-based regulation have been fulfilled. Contributo...
"This book contains the proceedings of an NBER conference held in Washington, DC, on May 13-14, 2010"--Page xi.
This edited collection makes a highly significant critical contribution to the field of environmental politics. It argues that the international-level, institutionalist approach to global environmental politics has run its course, employed solely by powerful actors in order to orchestrate and manipulate local communities within a continuing hegemonic system. The outstanding international line-up of contributors to this volume explore the real advances that are being made in the areas were the local and global intersect and how power fits into the equation. They explore the relationship between governance, power and knowledge, using power as the main analytical tool. The contributors adopt a ...
Most people would agree that it makes sense to tax a company that pollutes in a way that directly reflects the amount of environmental and social damage it has done. Yet in practice, such taxes are fraught with difficulty and have far-reaching implications. A company facing a new tax may lay off workers, for example, exacerbating an unemployment problem. This volume focuses on such external issues and examines in detail the trade-offs involved in designing policies to deal with environmental problems. Reflecting the broad nature of the subject, the contributors include leading economists in the areas of public finance, industrial organization, and trade theory, as well as environmental economists. Integrating both theoretical and empirical methods, they examine environmental policy design as it relates to location decisions, compliance costs, administrative costs, effects on research and development, and international factor movements. Shedding light on an extraordinarily complex and important topic, this collection will be of interest to all those involved in designing effective environmental policy.
Climate change is profoundly altering our world in ways that pose major risks to human societies and natural systems. We have entered the Climate Casino and are rolling the global-warming dice, warns economist William Nordhaus. But there is still time to turn around and walk back out of the casino, and in this essential book the author explains how.div /DIVdivBringing together all the important issues surrounding the climate debate, Nordhaus describes the science, economics, and politics involved—and the steps necessary to reduce the perils of global warming. Using language accessible to any concerned citizen and taking care to present different points of view fairly, he discusses the prob...
An analysis of the economic theory of environmental policy and the factors influencing the quality of life. Recent research in environmental economics is incorporated as well as economic incentives for pollution control.
The 1997 Kyoto Conference introduced emissions trading as a policy instrument for climate protection. Bringing together scholars in the fields of economics, political science and law, this book, which was originally published in 2005, provides a description, analysis and evaluation of different aspects of emissions trading as an instrument to control greenhouse gases. The authors analyse theoretical aspects of regulatory instruments for climate policy, provide an overview of US experience with market-based instruments, draw lessons from trading schemes for the control of greenhouse gases, and discuss options for emissions trading in climate policy. They also highlight the background of climate policy and instrument choice in the US and Europe and the foundation of systems in Europe, particularly the EU's directive for a CO2 emissions trading system.