Comment on M. Hoel, "Emission Taxes versus Other Environmental Taxes."

Article Abstract:

Emissions have time and location specific impacts in most real-world situation, implying that first-best tax rates will differ from one emitter to the next. However, since transaction rates can probably prevent the use of such a fist-bet tax system, it is more uncertain to argue that optimal-feasible tax systems generally is better than specific command and control solutions. Furthermore, in some cases, an equi-proportionate reduction of emissions or total suppression of emission is more effective than any optimal-feasible version of emission taxes.

Environmental Programs

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Organizational strategy, managerial decision-making, and market-based environmental policies: utility company bidding behavior in the sulfur dioxide allowance trading auctions

Article Abstract:

The low bidding activity exhibited by utilities in the sulfur dioxide allowance trading auctions were found to be a function of several organizational strategy models: economic, behavioral, stakeholder and learning. The mere formulation of market-based approaches for environmental compliance does not constitute as an effective incentives for utilities to participate. An insight into the organizational strategies employed by utilities in the sulfur dioxide allowance trading decision would improve succeeding regulations.

Emissions NEC, Decision-making, Decision making, Interpretation and construction, Air pollution control, Emissions (Pollution)

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