Environmental policy and time consistency: emission taxes and emissions trading

Peter W. Kennedy, Benoit Laplante, Peter W. Kennedy and Benoit Laplante
Authors registered in the RePEc Author Service: Peter William Kennedy

Chapter 6 in Environmental Regulation and Market Power, 1999, pp 116-144 from Edward Elgar Publishing

Abstract: Emissions taxes, tradeable emission permits and voluntary compliance policies are becoming the instruments of choice in controlling environmental problems at the national and international level. Careful design of these policies in second-best environments is a very important factor for their success. This book uses cutting-edge research in order to appraise their efficiency in varying market conditions.

Keywords: Economics and Finance; Environment (search for similar items in EconPapers)
Date: 1999
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Working Paper: Environmental policy and time consistency - emissions taxes and emissions trading (2000)
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