The paper describes a relatively new approach to pollution reduction problem solving that relies on negotiation between polluters and authorities in which traditional economic tools of environmental policies are used and where there is the economic information asymmetry between the polluters and...

This paper considers the performance of ambient environmental quality and emissions (effluent) policies in settings where the ability of the receiving environmental media to assimilate pollution is stochastic, for instance a river with variable streamflow. Our main findings are: (i) ambient...

This paper considers the question under what conditions domestic markets of emission permits would and should merge to become an international market. Emission permits are licenses, and so governments would need to recognize other countries’ permits. In a two-county model, we find that it is...

This work develops a framework for the analysis at the macro-level of the relationship between adaptation and mitigation policies. The FEEM-RICE growth model with stock pollution, endogenous R&D investment and emission abatement is enriched with a planned-adaptation module where a defensive...

This paper analyses the cost implications for climate policy in developed countries if developing countries are unwilling to adopt measures to reduce their own GHG emissions. First, we assume that a 450 CO2 (550 CO2e) ppmv stabilisation target is to be achieved and that Non Annex1 (NA1)...

Climate-economy models aiming at quantifying the costs and effects of climate change impacts and policies have become important tools for climate policy decision-making. Although there are several important dimensions along which models differ, this paper focuses on a key component of climate...

This paper describes the economic analyses such as benefit-cost analysis, cost-effectiveness analysis, and risk-risk analysis that could be used to improve environmental rulemaking if Congress were to implement the Clean Air Act such that EPA could consider costs when setting National Ambient...

This paper suggests a holistic framework for analyzing the forms and efficiency of agri-environmental management; assesses evolution of market, private, public and hybrid modes of agri-eco-governance during transition and EU integration in Bulgarian; evaluates the impacts of EU CAP on...

With paroxysm of technology due to new invention and innovations, nation across the world are experiencing extreme developmental activity. Though these activities meant for betterment of society but on the contrary it is posing threat to natural environment. The damages could be water pollution,...

This work develops a framework for the analysis at the macro-level of the relationship between adaptation and mitigation policies. The FEEM-RICE growth model with stock pollution, endogenous Ramp;D investment and emission abatement is enriched with a planned-adaptation module where a defensive...