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The Water Framework Directive (WFD) explicitly acknowledges the role of economics in the process of reaching the environmental quality objectives. The purpose of this paper is to discuss the implementation of the WFD in Sweden based on standard economic theory regarding instruments for cost...
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In January, 2005, the EU launched the first international emissions trading system (EU ETS), aimed at reducing carbon …/after design of the natural experiment approach to investigate the treatment effect of the EU ETS on the profitability of a sample … the EU ETS. The estimation results in general suggest no significant impact in 2005 and a negative significant impact in …
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