In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever stricter environmental policy does not always lead to ever cleaner production methods and ever lower production of polluting goods. It does so when the abatement technology is...

In our analytical general equilibrium model where two polluting inputs can be substitutes or complements in production, we study the effects of a tax on one pollutant in two cases: one where both pollutants face taxes and the second where the other pollutant is subject to a permit policy. In...

Explores different ways of controlling pollution through -green-taxes or permits, and evaluates their advantages and disadvantages. While many countries use environmental taxes, interest in tradable permits is growing

Overview -- Production Planning and Cap-Setting under Cap-And-Trade Regulation Considering Differentiated Emission Trading Prices -- A Two-period Carbon Tax Regulation for Manufacturing and Remanufacturing Production Planning -- A Joint Analysis of the Environmental and Economic Performances of...