pollution, represented by carbon dioxide and greenhouse gas emission levels in the atmosphere. The article makes a statistical …

complementary taxation of carbon emissions and local air pollution. We quantify results for the European power market until 2050 …. Taxing only air pollution results in social cost of 5,890 billion € and fosters nuclear deployment. Taxing only carbon yields … taxation can be complementary to a primary policy of air pollution abatement. On the contrary, a primary policy of …

Physically, pollution occurs because it is virtually impossible to have a productive process that involves no waste …; economically, pollution occurs because polluting is less expensive than operating cleanly. This chapter explores the sources and … consequences of, and remedies for, pollution and associated environmental damages. If all goods had well-defined property rights …

reductions in external damages are health benefits, highlighting the importance of accounting for co-pollution impacts of carbon …