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gases, especially through emission trading. Climate policies present the novel problem of integrating emissions reductions … costs across different parts of current carbon markets. It argues that a broad emission trading system that includes more …
Persistent link: https://www.econbiz.de/10012462535
Under most federal environmental laws and some health and safety laws, states may apply for "primacy," that is, authority to implement and enforce federal law, through a process known as "authorization." Some observers fear that states use authorization to adopt more lax policies in a regulatory...
Persistent link: https://www.econbiz.de/10012465415
This paper explores the empirical effects of decentralization on environmental quality by studying water pollution in rivers around the world. It examines the level of pollution and variation in pollution across jurisdictions within a country, for both a local and a regional pollutant. Federal...
Persistent link: https://www.econbiz.de/10012465556
critical; freely allocated emission permits may hurt the poor the most, as they transfer income to shareholders via scarcity …
Persistent link: https://www.econbiz.de/10012467241
Most US federal environmental policies allow states to assume responsibility for implementation and enforcement of regulations; states with this responsibility are referred to as "authorized'' or having "primacy.'' Although such decentralization may have benefits, it may also have costs with...
Persistent link: https://www.econbiz.de/10012467973
Under most U.S. environmental regulations, the federal government shares responsibility with the states by authorizing them to implement and enforce federal policies. Authorization provides states with considerable discretion over the effects of regulation and is perhaps the most significant...
Persistent link: https://www.econbiz.de/10012469252
Public policies for pollution control, including climate change policies, sometimes allow polluters in one sector subject to an emissions cap to offset excessive emissions in that sector with pollution abatement in another sector. The government may often find it more costly to verify offset...
Persistent link: https://www.econbiz.de/10012461798