This publication is a milestone in the analysis of the distributional impacts of environmental policy, building upon existing literature to simultaneously examine disparities in the distribution of environmental impacts and in the distribution of financial effects amongst households.

This paper is concerned with examining the economic implications of refurbishing major pieces of redundant urban infrastructure, taking the Forth and Clyde Canal as a case study. In particular, it focusses on the role that such infrastructure may play in assisting urban renewal. While...