A tax on fuel combined with tax-exemptions or subsidies for purchase of fuel-efficient vehicles is implemented in many countries to reduce greenhouse gas emissions and other negative externalities from road traffic. This study, however, shows that a tax on fuel should be combined with heavier...

Linkage of cap-and-trade systems is typically advocated by economists on a general analogy with the beneficial linking of free-trade areas and on the specific grounds that linkage will ensure cost effectiveness among the linked jurisdictions. An appropriate and widely accepted specification for...

Voluntary environmental management programs for firms have become an increasingly popular instrument of environmental policy. However, the literature's conclusion on the effectiveness of such programs is ambiguous, and for the European region there is a lack of evidence based on a large control...

The phenomenon of participatory budgeting in Polish cities shows growing awareness of citizens' role in local development. Participatory budgeting is a tool of partial empowerment of residents through local budgetary policy. A social energy released by initiatives and proposed projects allows...

This paper investigates the implication of economic recession on the infrastructural development using Ikare, Akoko, Ondo state as a case study. The study posits that infrastructural facilities are a potent indicator of socio-economic performance of a region and could be understood from the...

The greening of power engineering is a component of the ecologically sustainable development strategy being implemented in the world and also a pillar of the EU sustainable energy policy. One of the main fields of activity for the greening of power engineering are actions for improving power...

The work attempts to comprehend why littering is so extensive and, with the use of several findings provided in Gary S. Becker's article entitled 'Crime and Punishment: An Economic Approach', to explain why under current conditions more waste discarded in the environment can be expected. The...

Environmental regulations such as air quality standards can lead to notable improvements in ambient air quality and to related health benefits. But they impose additional production costs on firms and may reduce productivity, earnings, and employment, especially in sectors exposed to trade and...

Voluntary environmental management programs for firms have become an increasingly popular instrument of environmental policy. However, the literature's conclusion on the effectiveness of such programs is ambiguous, and for the European region there is a lack of evidence based on a large control...

This paper shows that firms respond strategically to ENERGY STAR, a voluntary certification program for energy-efficient products. Firms offer products that bunch at the certification requirement, differentiate certified products in energy and non-energy dimensions, and charge a price premium on...