This article examines the extensive and evolving literature regarding the economics of water policy. It offers policymakers a way of thinking and a set of skills to (1) identify the least-cost way to reach a particular water quantity or quality objective or set of objectives (e.g., cost...

It is important for policy makers to understand the extent to which the purported benefits of energy efficiency are real, and how they can be achieved. This "reflections" aims to help the policy community understand how the literature can assist them in assessing the opportunities, challenges,...

Greening the Budget regards the fundamental cause of environmental degradation as government and market failure and proposes the use of budgets as an instrument of environmental policy to rectify this problem. The book focuses on the elements of the public budget which currently affect the...

We use historical industrial emissions data to assess the level of abatement and overallocation that took place across European countries during the pilot phase (2005-2007)of the European Union Emission Trading Scheme. Using a dynamic panel data model, we estimate the counterfactual...

The use of environmental taxes in Europe is widening and more tax bases are being used. The EEA reports on developments in the use and impact of environmental taxes and on progress made with ecological tax reform.