Pollution Charges and Marketable Permits

Author(s):  
Ritu Kumar
Keyword(s):  
2011 ◽  
Vol 4 (8) ◽  
pp. 41 ◽  
Author(s):  
Monserrat Viladrich Grau

In this article I present the main contributions to the theory of environmental regulation developed during the last forty years. I begin the analysis in the sixties and seventies reviewing the main articles of these years, focusing in the comparison of the properties of the instruments based on economic incentives and of the instruments based on quantities. Next I evaluate the policy developments of the eighties, centering my attention on the generalization of the systems of marketable permits. Finally, I analyze how in the nineties the main interest of environmental regulation is oriented towards the solution of global environmental problems.


1989 ◽  
Vol 3 (2) ◽  
pp. 95-114 ◽  
Author(s):  
Robert W Hahn

In this paper, I consider two tools which have received widespread support from the economics community: marketable permits and emission charges. Until the 1960s, these tools only existed on blackboards and in academic journals, as products of the fertile imaginations of academics. However, some countries have recently begun to explore using these tools as part of a broader strategy for managing environmental problems. This paper chronicles the experience with both marketable permits and emissions charges. It also provides a selective analysis of a variety of applications in Europe and the United States and shows how the actual use of these tools tends to depart from the role which economists have conceived for them.


1993 ◽  
Vol 15 (1) ◽  
pp. 117-146 ◽  
Author(s):  
Adam Rose ◽  
Brandt Stevens

1996 ◽  
Vol 89 (1) ◽  
pp. 129-155 ◽  
Author(s):  
R. F. Hartl ◽  
P. M. Kort

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