has been made to 'green' the economy, an important challenge that remains is to internalize global and local externalities …

Much of the literature on externalities has considered taxes and direct regulation as alternative policy instruments … use of taxes and regulation in combination, to control externalities arising from individual consumption behaviour. We … consider cases where taxes are either imperfectly differentiated to reflect individual differences in externalities, or where …

of externalities linked to one another through markets rather than technical production relationships. Analytical results …

internalize consumption services externalities. In the case of an open access habitat additional sources of inefficiency are the …

internalize consumption externalities. It is demonstrated that the optimal second-best tax on an externality-generating good …