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(final good) is not. Pollution is regulated by tradable emission permits. The issue is to see whether the optimal growth path … can be replicated in equilibrium with pollution permits, given that some permits must be issued free of charge for the …
Persistent link: https://www.econbiz.de/10010754231
papers that have a dichotomous approach and consider either the atmospheric pollution (first source of marginal disutility …) or the underground pollution ( second source), we consider the problem as a whole: CCS techniques introduce a third …
Persistent link: https://www.econbiz.de/10010755885
Since the publication of path-breaking contributions on the governance of environmental resources in the early 1990s many political initiatives have been taken, many governance experiments have been run, and a large multidisciplinary field of research has opened up. The aim of this...
Persistent link: https://www.econbiz.de/10010721348