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Economic Incentives and the Containment of Global Warming

Wallace Oates and Paul Portney
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Paul Portney: Resources for the Future

Eastern Economic Journal, 1992, vol. 18, issue 1, 85-98

Abstract: This paper explores the role for economic instruments in the control of global warming. It begins with a review of what theory and practice have taught us about these instruments--pollution taxes and systems of transferable permits--in the pursuit of domestic environmental management. It then extends this analysis to a global framework and examines some of the difficult issues that arise in the design and implementation of such policy measures for the regulation of global emissions of greenhouse gases.

Keywords: Regulation (search for similar items in EconPapers)
JEL-codes: Q28 (search for similar items in EconPapers)
Date: 1992
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Eastern Economic Journal is currently edited by Cynthia A. Bansak, St. Lawrence University and Allan A. Zebedee, Clarkson University

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Handle: RePEc:eej:eeconj:v:18:y:1992:i:1:p:85-98