larger steady-state pollution stock. Moreover, the increase of environmental damages because of the increase in the pollution … stock more than compensates the increase in consumer surplus and the decrease in abatement costs resulting in a reduction of … detrimental effect decreases with abatement costs. …

real promise of reducing costs, relative to conventional uniform standards. We develop analytic expressions that can be …

The paper studies the use of emission taxes and feed-in subsidies for the regulation of a monopoly that can produce the … this paper support the idea that feed-in subsidies open the possibility for improving the regulation of a polluting firm …