Environmental policies frequently target the ratio of dirty to green output within the same industry. To achieve such targets the green sector may be subsidised or the dirty sector be taxed. This paper shows that in a monopolistic competition setting the two policy instruments have different...

This report examines the environmental technology verification (ETV) systems in the context of the Environmental Technologies Action Plan (ETAP) implementation strategy (European Commission). The organisational structure of existing ETV systems and related European ones is studied and financial...

This paper proves that when a firm has paid pollution tax, it will not clean its pollution any more. Conversely, it proves that when a firm has cleaned up its pollution, it should be exempted from pollution and profit tax. This paper also proves that for pollution tax to be effective, it has to...

This paper examines potential environmental tax policy reforms. It focuses primarily on a carbon tax, but also more briefly considers a range of other possible changes. These include revising or eliminating various energy and environmental tax credits and deductions (many of which might become...

Market-based pollution control mechanisms such as pollution levy and cap and trade have received increasing attention from both academics and practitioners. A good understanding of the optimal pollution price under these mechanisms is a premise for regulators to make sound pollution control...

This paper examines potential environmental tax policy reforms. It focuses primarily on a carbon tax, but also more briefly considers a range of other possible changes. These include revising or eliminating various energy and environmental tax credits and deductions (many of which might become...