Emissions taxes, tradeable emission permits and voluntary compliance policies are becoming the instruments of choice in controlling environmental problems at the national and international level. Careful design of these policies in second-best environments is a very important factor for their...

Economic Policy for the Environment and Natural Resources presents some of the most important recent work on the theory and application of environmental policy at both the national and international level. At the national level it focuses on instruments for pollution control. At the...

This important new book enhances our understanding of the dynamic interactions between economic activity, economic growth, pollution abatement and environmental policy. It addresses one main policy problem: how can the direct and indirect costs of environmental policy for multiple pollutants be...