Environmental regulation and the eco-industry
Article Abstract:
Presently, a drawback in environmental policy is that the suppliers of pollution abatement technologies determine the extent of damage being caused by the polluters. If a polluting firm chooses to install the pollution control goods manufactured by one supplier, it is unlikely that the other suppliers of the pollution control technology will find the measures adequate. Consequently, the taxes on emissions would have to be higher leading to evasion. Based on this, it can be concluded that voluntary adherence to pollution control methods is not achievable without the support of eco-industry.
Publication Name: Journal of Regulatory Economics
Subject: Government
ISSN: 0922-680X
Year: 2005
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How to turn an industry green: taxes versus subsidies
Article Abstract:
The welfare effects of using taxation of polluting products or subsidies for green products are discussed. The environmental policy aimed at greening specific industries by improving the ratio of clean to polluting production or consumption is analyzed.
Publication Name: Journal of Regulatory Economics
Subject: Government
ISSN: 0922-680X
Year: 2005
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Enforcing emissions trading when emissions permits are bankable
Article Abstract:
An environmental policy that allows trading of emissions with bankable emissions permits is suggested. The policy envisages complete compliance with the pollution control with minimal costs for enforcing the policy.
Publication Name: Journal of Regulatory Economics
Subject: Government
ISSN: 0922-680X
Year: 2005
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