that are welfare-enhancing when greenhouse gas externalities are taken into account. We also derive the conditions under …

environmental regulation taking the shape of standards or taxes. Moreover, the paper shows that environmental externalities and … externalities related to social norms interact and that an optimal environmental policy should consider both types of externalities …

This paper shows how competition between interests can internalize economic externalities groups. The key feature is …

This paper shows how competition between interests can internalize economic externalities groups. The key feature is …

focus on taxation and subsidies. In order to understand the quite complex literature on this subject, we draw on the theory … of the second best and the theory of optimal taxation. The thrust of the chapter is that there are multiple objectives … theory, while Section 6 presents empirical evidence for the European Union. The latter section focuses primarily on …