The possible introduction of a carbon tax in Europe is an issue which has attracted the attention of numerous economists and policymakers. The problems under debate concern the effects of the tax at different levels: what costs, in terms of GDP growth, will be paid by each European country? Will...

This book covers some of the most relevant issues in the new environmental economics. Its main emphasis is on the international dimension of environmental phenomena, which implies the necessity of designing properly coordinated economic/environmental policies. The issue of policy coordination is...

The European Union faces several interlinked challenges: how to protect the environment and enhance sustainability; how to reduce unemployment and enhance competitiveness in the context of growing globalization; how to reduce regional disparities among and within member countries. The recent...

In recent years, voluntary approaches to emission reductions have increasingly been adopted by major companies all over the world and have increasingly been supported by regulatory bodies and public administrations. Despite this world-wide effort to achieve a better environmental performance...

Efficiency and Equity of Climate Change Policy is a comprehensive assessment of the economic effects of climate change policy, addressing the issues with a quantitative modelling approach. The book thus goes beyond the usual statements on the efficiency of economic instruments to identify the...