Emissions Trading de Thomas Tietenberg

Emissions Trading: Principles and Practice

Thomas Tietenberg

en Limba Engleză Paperback – 10 mar 2006

First published in 1985, Emissions Trading was a comprehensive review of the first large-scale attempt to use economic incentives in environmental policy in the U.S. and of the empirical and theoretical research on which this approach is based. Since its publication it has consistently been one of the most widely cited works in the tradable permits literature. The second edition of this classic study of pollution reform considers how the use of transferable permits to control pollution has evolved, looks at how these programs have been implemented in the U.S. and internationally, and offers an objective evaluation of the resulting successes, failures, and lessons learned over the last twenty-five years.

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Cuprins

Figures and Tables Preface Abbreviations Introduction Describing the Evolution The Evolution of Emissions TradingThe Evolution of Design Features An Overview of the Book The Conceptual Framework The Regulatory Dilemma The Cost-Effectiveness Framework Cost-Effective Permit MarketsThe Role of Transactions CostsThe Role of Administrative CostsThe Role of Technical ChangeSummary The Consequences of Emissions Trading The Nature of the EvidenceEx Ante Evaluations: The Evidence Ex Post Evaluations: The Evidence Summary The Spatial Dimension Difficulties in Implementing an Ambient Permit System Possible Alternatives Summary The Temporal Dimension Borrowing, Banking, and the Nature of the Environmental Target Linking Emissions and Pollutant Concentrations The Role of Banking and Borrowing Strategies for Controlling Seasonal or Episodic Peaks Summary The Initial Allocation Initial Allocation Approaches Comparing the Allocation Approaches Cost-Effectiveness Implications of the Initial Allocation Summary Market Power Permit Price Manipulation: Conceptual ModelsLeveraging Power Between Output and Permit Markets Ex Ante SimulationsResults from Experimental StudiesMechanisms for Controlling Market PowerProgrammatic Design Features That Affect Market Power Summary Monitoring and Enforcement The Nature of the Domestic Enforcement ProcessThe Nature of the International Enforcement ProcessThe Economics of EnforcementCurrent Enforcement Practice Summary Lessons Lessons About Program Effectiveness Lessons About Instrument Choice and Program DesignConcluding Comments ReferencesIndex

Notă biografică

T. H. Tietenberg is the Mitchell Family Professor of Economics at Colby College in Waterville, Maine and the author or editor of eleven books, including Environmental and Natural Resource Economics, one of the best-selling textbooks in the field. He has consulted on environmental policy with the World Bank, the Inter-American Development Bank, the Agency for International Development, and the U.S. Environmental Protection Agency, as well as several state and foreign governments.