Selecting Instruments for a Greenhouse Gas Reduction Policy in Finland

Adriaan Perrels

No 69, Research Reports from VATT Institute for Economic Research

Abstract: This report discusses the pro's and con's of different types of policy instruments for climate policy in Finland in relation to a systematic selection and evaluation of these instruments given the dual objectives of effective emission reduction and lowest possible economic cost. It is stressed that embedding of the evaluation process and the consideration of instrument packages next to single instruments are important ingredients. It can be expected that eventually not one but a few different policy packages achieve sufficiently high overall ratings. This will require a pondering of trade-offs in the framework of a tractable evaluation system, requiring the application of multi-criteria analysis (MCA).

Keywords: Policy instruments; climate policy; policy evaluation; Environment; Ympäristö; Labor market and policies promoting economic growth; Työmarkkinat ja kasvua tukeva politiikka; Q500 - Environmental Economics: General (search for similar items in EconPapers)
Date: 2000
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