Last edited by Gardadal
Monday, February 3, 2020 | History

4 edition of Market-Based Instruments for Environmental Management found in the catalog.

Market-Based Instruments for Environmental Management

Politics and Institutuions (International Studies in Environmental Policy Making Series)

by

  • 357 Want to read
  • 17 Currently reading

Published by Edward Elgar Pub .
Written in English

    Subjects:
  • Central government policies,
  • Environmental economics,
  • Management Science,
  • Business & Economics,
  • Congresses,
  • Environmental impact charges,
  • Environmental management,
  • Europe,
  • Japan,
  • Business/Economics

  • Edition Notes

    ContributionsMikael Skou Andersen (Editor), Rolf-Ulrich Sprenger (Editor)
    The Physical Object
    FormatHardcover
    Number of Pages271
    ID Numbers
    Open LibraryOL12563474M
    ISBN 101840640391
    ISBN 109781840640397

    For MBIs to lead to optimized efforts and a better revelation of information on costs and benefits of various courses of action and for various Market-Based Instruments for Environmental Management book, they should theoretically go through a preliminary stage involving the transformation of certain properties of an ecosystem into standard commodities e. Using a tax potentially enables a double dividendby using the revenue generated by the tax to reduce other distortionary taxes through revenue recycling. According to one view, the double-dividend hypothesis implies that the optimal tax rate on pollution should exceed the Pigouvian tax rate. Prior todiscussion and analysis of market-based instruments for example, cap-and-trade systems, environmental taxes, and subsidies to clean production had been theoretical for the most part because the United States, and most other developed countries, relied primarily on command-and-control regulation to reduce pollution. Command and control approaches can also be preferred when regulators are faced with a thin marketwhere the limited potential trading pools mean the gains of a market-based instrument would not exceed the costs a key requirement for a successful market-based approach.

    Think of it like this; if only a handful of people owned vehicles, it would be easy to impose fixed standards, allocating a maximum amount of travel time each Market-Based Instruments for Environmental Management book in an effort to reduce green house gas emissions. Goulder and his co-authors make the important point that revenue raising per se is not sufficient to ensure an efficiency improvement in a world with pre-existing taxes. Instruments such as density bonus and tax relief for natural areas can be undertaken to encourage development, and existing municipal pricing tools can be altered for the integration of environmental considerations. Sterner notes that, in addition to meeting requirements for efficiency, the selection and design of policy instruments must satisfy criteria involving equity and political acceptability. Ambitious in scope, the book discusses the design of instruments that can be employed in a wide range of contexts, including transportation, industrial pollution, water pricing, waste, fisheries, forests, and agriculture.

    Google Scholar U. Examples of specific actions are farm subsidies and green public procurement. Poterba argues that consumption taxes are less regressive when measured over the lifetime rather than in terms of annual income. These schemes call for financial offers from landowners to set aside and protect their agricultural lands, with the lowest eventually being selected. Bibliography C.


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Market-Based Instruments for Environmental Management Download PDF Ebook

Simply Market-Based Instruments for Environmental Management book, MBIs are policy instruments that provide polluters with monetary incentives to reduce their emissions.

A conjecture dubbed the "Double-Dividend Hypothesis" made the valid point that environmental taxes have two benefits: they discourage environmental degradation and they raise revenue that could offset other distortionary taxes.

While the former one has been mentioned several times under other topics transportation, Market-Based Instruments for Environmental Management book waste, Market-Based Instruments for Environmental Management book quality and energy and land-usehere we focus more on how to be more resilient to extreme weather events.

If, on the other hand, the government were to sell the permits to electric utilities or to anyone else for that matterthe rents would accrue to government, and there would be no distortionary impact of a new, small environmental tax. Smaller municipalities underpeople tend to use more market friction reduction instruments than the other two types.

Rather than setting an emissions cap, companies can choose at what point emissions become too expensive due to the tax rate. In fact, for small taxes, there is a continuum of policies that might raise revenue, lose revenue, or involve no revenue at all, with identical impact on welfare.

Goulder, who quantifies this in a number of papers using a computable general equilibrium CGE model of the U. Command and control approaches can also be preferred when regulators are faced with a thin marketwhere the limited potential trading pools mean the gains of a market-based instrument would not exceed the costs a key requirement for a successful market-based approach.

The sixth topic is climate change. For example, Europeans have long been concerned with unemployment, and recent research on environmental-tax policy focuses on the impact of environmental taxes on unemployment. Fantini, and F. Mouseover for Online Attention Data Overview Author s Summary Conceptual, empirical, and theoretical analyses of the effectiveness of market-based policy instruments in achieving environmental goals.

First step: a lexicon The desire to support the appropriate use of these MBIs, and not prejudging their relevance and desirability in all contexts and for all goals, led us to elaborate a lexicon based on the characteristics of these instruments. Coasean type agreements.

However, although valuing adverse environmental impacts may be controversial, the acceptable cost of preventing these impacts is implicit in all regulatory decisions. However, measuring the degree of overcompensation is complicated by the fact that electric utilities had been subject to state regulation up until enactment of the law.

Google Scholar L. This process is experimental and the keywords may be updated as the learning algorithm improves. He is careful to distinguish between the well-designed plans of policymakers and the resulting behavior of society.

Market friction reduction instruments: These are policy mechanisms that aim to improve the functioning of markets through improving information or growing market demand.

There is the challenge of dividing ecosystems in order to avoid the conflicts between services that are bound to emerge e. The answer to this question came after we conducted some research to clarify the content of the rather mysterious term.

Schmutzler and L. For more information on how we can help your company adapt, please visit our Ecosystem Services page. The third topic is solid waste. Fullerton; I. It covered taxes and charges, fines and penalties, emissions trading, deposit refund schemes, subsidies, environmental tax reform and ecological fiscal reform, liability and compensation issues.

My work over the past five years or so has been concerned with two aspects of market-based environmental instruments: design considerations for market-based instruments in the presence of pre-existing tax distortions and distributional implications of environmental-tax reforms.

If the producer is a monopolist, the distortion persists with complete government appropriation of the scarcity rents from the environmental policy. The rents interpretation can be seen most easily in a cap-and-trade program such as the sulfur dioxide trading program just described.

There is no cap; the quantity of pollution reduced depends on the chosen tax rate.

Political Economy and Instruments of Environmental Politics

The road ahead is thus far from being smooth and easy. Market-based instruments for implementing eight environmental topics In order to help municipal decision-makers and Market-Based Instruments for Environmental Management book identify potential market-based instruments MBIs that can support the environmental objectives in their sustainable community plans, the Sustainability Alignment Manual SAM tool has been created.

Hahn pointing to the substantial differences between tools designed by economists in their offices on one side, and the mechanisms that are effectively implemented on the ground.May 26,  · Market based instrument for pollution control Submitted by- Abuzer Ansari magicechomusic.com Final Roll No.

36 IES, KUK 1 Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. Market-based instruments have been applied most successfully to the management of industrial point-source pollution issues.

In these cases, emissions have generally proven to Author: Benjamin Henderson. Brussels conference to launch results of major environmental taxation study. IEEP held a one-day conference in Brussels on 5 October to present the findings of a major study for the European Commission on the use of market-based instruments to address pollution and resource use.Conceptual, empirical, pdf theoretical analyses of the effectiveness of market-based policy instruments in achieving environmental pdf.

Markets and the Environment, Second Edition

Economists argue that such market-based policy instruments as environmental taxes and emission trading systems are the best way to target the negative effects of pollution. Yet there is no agreement about whether the use of these instruments is sufficient.Conceptual, empirical, and theoretical analyses of the download pdf of market-based policy instruments in achieving environmental goals.

Economists argue that such market-based policy instruments as environmental taxes and emission trading systems are the best way to target the negative effects of pollution. Yet there is no agreement about whether the use of these instruments is sufficient.Market-Based Instruments.

Market-based instruments (MBI), such as environmental taxes, tradable permit systems ebook targeted subsidies, are a cost-effective way to protect and improve the environment.

They provide incentives to firms and consumers to opt for greener production or products.