The preceding chapter by Mark Smith amply demonstrates that much research has been directed at the “efficiency properties” of economic instruments for pollution control. Beginning in the early 1970’s, a large body of both theoretical and empirical research has demonstrated that the use of transferable discharge permits or uniform emission charges is the least expensive means to meet a limit on total discharges (c.f. Tietenberg, 1985). This work has been extended to deposition or ambient quality impact permits (for example, Spofford and Paulsen, 1988). One can show from theory that the least costly policy to meet limits on ambient quality is through the use or tradable permits in ambient impacts or ambient quality decrement charges (Tietenberg, 1985, among others).
Weitere Kapitel dieses Buchs durch Wischen aufrufen
- Use of Economic Instruments to Enhance CEE Water Quality: Institutional Changes and Research Challenges
Charles M. Paulsen
- Springer Berlin Heidelberg
- Chapter 14