Emissions Trading at the Stock Exchange Market in Order to Improve Quality of Environment

Biljana Ilic, Dragica Stojanovic and Nebojsa Simeonovic

Ekonomika, Journal for Economic Theory and Practice and Social Issues, 2013, vol. 59, issue 4

Abstract: The paper starts from the fact that mining and metallurgy are the biggest polluters of the environment. Priority negative impact on the environment and human health has the air pollution that is difficult to quantify. The focus of the paper is on the copper production, which negative externalities lead to social costs, that are not included in the price of copper. If we take into account these facts, nowadays it is easy to demonstrate a positive correlation between pollution and disease of populations, therefore, negative impacts on the environment and health of people which have a growing trend, requiring the inclusion of external costs in the economic analysis. Therefore, objective of the economic analysis is to establish an effective system to control pollution. Since life on Earth, particularly human has the values that are higher than economic values, the primary goal of the study emphasize the importance of transferable pollution permits in order to improve the quality of the environment, and on that way to improve the quality of human life and all population. Because of all this facts, the paper special emphasis is put on the stock exchange form of emission trading.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:ags:sereko:290084

DOI: 10.22004/ag.econ.290084

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