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can establish the overall pollution-reduction goal for a cap-and-trade system by setting the cap, and leave it up to the …
Persistent link: https://www.econbiz.de/10008732179
The introduction of the U.S. SO2 allowance-trading program to address the threat of acid rain as part of the Clean Air Act Amendments of 1990 is a landmark event in the history of environmental regulation. The program was a great success by almost all measures. This paper, which draws upon a...
Persistent link: https://www.econbiz.de/10009506424
Energy-efficient technologies offer considerable promise for reducing the financial costs and environmental damages associated with energy use, but these technologies appear not to be adopted by consumers and businesses to the degree that would apparently be justified, even on a purely financial...
Persistent link: https://www.econbiz.de/10010513986
Persistent link: https://www.econbiz.de/10003362824
The standard approach to the Environmental Kuznets Curve (EKC) holds that as a country develops and GDP per capita grows environmental degradation initially increases but eventually it reaches a turning point where environmental degradation begins to decline. Environmental degradation takes many...
Persistent link: https://www.econbiz.de/10012694466
scale of economic activity and the level of pollution. In particular, if we concentrate on local pollutants several … empirical studies have identified a bell shaped curve linking pollution to per capita GDP (in the case of global pollutants like … across pollutants) the turning point pollution starts to decline as income further increases. In analogy with the historic …
Persistent link: https://www.econbiz.de/10011592727
The relationship between economic growth and pollution is very complex, depending upon a host of different factors … must hold in order to obtain an inverted-U functional relationship between pollution and growth. These models are however …
Persistent link: https://www.econbiz.de/10011592753