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Market-Based Environmental Policies: What Can We Learn from U.S. Experience and Related Research?

Robert Stavins

Working Paper Series from Harvard University, John F. Kennedy School of Government

Abstract: This paper reviews lessons that can be learned from U.S. experiences with market-based environmental policies and from related research. Highlights of U.S. experience are summarized with four categories of policy instruments: pollution charges; tradable permits; market friction reductions; and government subsidy reductions. Normative lessons are considered in three areas: design and implementation; analysis of prospective and adopted systems; and identification of new applications. Positive political economy lessons are also reviewed.

Date: 2003-07
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Citations: View citations in EconPapers (18)

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Working Paper: Market-Based Environmental Policies: What Can We Learn from U.S. Experience (and Related Research)? (2003) Downloads
Working Paper: Market-Based Environmental Policies: What Can We Learn from U.S. Experience (and Related Research)? (2003) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ecl:harjfk:rwp03-031

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