The Pigouvian prescription for pollution damage requires a per-unit tax equal to the monetary value of marginal external cost (MEC). However, in this tradition, few economists have proposed a damage-based mechanism to regulate hazardous waste. Using damage scores from the Waste Minimization...

In a policy of revenue substitution, the State of New York could increase tax system efficiency while improving environmental quality. Revenue from a state environmental tax on chemical emissions could be used to eliminate pre-existing taxes on business activity. This paper simulates policy...