Over the last decade, market-based incentives have become the regulatory tool of choice when trying to solve difficult environmental problems. Evidence of their dominance can be seen in recent proposals for addressing global warming (through an emissions trading scheme in the Kyoto Protocol) and for amending the Clean Air Act (to add a new emissions trading systems for smog precursors and mercury--the Bush administration's "Clear Skies" program). They are widely viewed as more efficient than traditional command and control regulation. This collection of essays takes a critical look at this question, and evaluates whether the promises of market-based regulation have been fulfilled. Contributors put forth the ideas that few regulatory instruments are actually purely market-based, or purely prescriptive, and that both approaches can be systematically undermined by insufficiently careful design and by failures of monitoring and enforcement. All in all, the essays recommend future research that no longer pits one kind of approach against the other, but instead examines their interaction and compatibility. This book should appeal to academics in environmental economics and law, along with policymakers in government agencies and advocates in non-governmental organizations.

Moving to Markets in Environmental Regulation: Lessons from Twenty Years of Experience

Business & Money

Freeman, Jody

Kolstad, Charles D.

Economics

Oxford University Press

Environmental Economics is the first text to concentrate solely on environmental economics--the problems of earth, air, and water pollution from an economic perspective--with an emphasis on both government regulation and private-sector anti-pollution incentives. With the assumption that readers already have an understanding of intermediate microeconomics, the book reaches into more detail on theory and analysis than most other textbooks in this area. Now fully revised in its second edition, Environmental Economics is divided into four primary sections: the first section defines the field of environmental economics in relation to general economics and to ecological and resource economics; the second section is normative, looking at market failure and asks why, even with apparent environmental protection, the market often fails to work properly; the third section is positive, examining government regulation of pollution using the industrial organization literature; and the final section covers more advanced topics, looking at risk, uncertainty, green accounting, international competition and cooperation and development. Including many international examples, the book places special emphasis on the ways that countries around the world approach and control their own environmental problems. Environmental Economics, Second Edition, is ideal for undergraduate economics courses and beginning graduate courses in environmental management. New to this Edition * Utilizes a new structure: the first part is normative, the second part positive * Provides an updated treatment of valuation and moves it to the first part of the text * Substantially revises coverage of cost-benefit analysis, property rights, and market failure, resulting in greater clarity * Includes new chapters on voluntary environmental protection and additional sections on discounting and dynamics * Offers increased coverage of open access resources and fisheries * The technical level throughout the text is much more consistent from chapter to chapter

Environmental Economics

Environmental Economics SM

Space plays a central role in environmental and resource economics and yet spatial economics has received surprisingly little attention in the literature. This collection of Charles Kolstad's writings on spatial, environmental and resource economics from the past two decades fills this gap. 
The book includes the author's most important work on a variety of topics, including the Hotelling model of spatial competition, as applied to resource economics, jurisdictional tax competition, particularly in the context of resource taxes, and environmental regulation, both theoretical and empirical. 
This unique collection from one of the world's leading authorities in environmental economics will be welcomed by scholars and students of natural resource economics, environmental management, agricultural and energy economics.

Spatial Environmental and Resource Economics: Selected Essays of Charles D. Kolstad (New Horizons in Environmental Economics series)

Edward Elgar Publishing

Ésta es la primera obra académica que se centra únicamente en la economía ambiental, es decir, en los problemas ocasionados por la contaminación de la tierra, el aire y el agua, con cierto acento en la regulación gubernamental y en los estímulos que tiene el sector privado para combatir la contaminación. Para leerlo es necesario tener conocimientos intermedios de microeconomía. Se divide en cuatro secciones: en la primera se define el objeto de la economía ambiental en relación con la economía general y con la economía de los recursos; en la segunda se diseccionan los fallos del mercado y se valúa la razón de que éste, aun con protección ambiental evidente, no funcione de manera apropiada; en la tercera se examina, con base en la bibliografía acerca de la organización industrial, la regulación gubernamental en torno a la contaminación, y en la cuarta y última sección se estudia la exigencia de lograr la calidad ambiental y se presta especial atención a los métodos de preferencia revelada y de preferencia expresada. Debido al interés global que suscita la economía ambiental, el autor incluye numerosos ejemplos internacionales y pone énfasis en la forma en que países de distintas partes del mundo abordan y controlan sus propios problemas ambientales. Ésta es una obra ideal para cursos universitarios de economía ambiental.

Economia Ambiental

UNIVERSIDAD IBEROAMERICANA