CONNECTING POLLUTION ABATEMENT COSTS TO THE DYNAMICS OF ECONOMIC INSTRUMENTS FOR POLLUTION CONTROL

Oana Ţăpurică ()

Revista Economica, 2012, vol. Supplement, issue 2, 397-403

Abstract: The paper focuses on identifying relevant connexions between the most popular economic instruments for pollution control (environmental taxes, compliance fees, subsidies, deposit-refund schemes and tradable permits) and the main components of the aggregate pollution abatement curve (the cost of direct damage curve, the cost of avoiding damage curve, the cost of compliance curve and the cost of pollution control curve). Also, the paper emphasizes which are the main constraints in using effective economic instruments aimed to ensure both the decrease of the aggregate pollution abatement costs, as well as the reduction of the maximum allowable pollution level.

Date: 2012
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