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Regulating Multiple Polluters

Regulating Multiple Polluters
Author: Charles E. Hyde
Publisher:
Total Pages: 0
Release: 2000
Genre:
ISBN:

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We consider the problem of regulating many polluting firms when their individual emissions are unobservable. The tension between the dual regulatory goals of pollution deterrence and funding of remediation is examined under two different constraints: that penalty revenues be sufficient to fund remediation costs; and that transfers from firms to the regulator must be nonnegative. To isolate the pure effect of increasing the number of polluting firms, we compare an industry consisting of a single large firm with another in which many small firms in aggregate mimic the characteristics of the large firm. Contrary to previous findings, we show that both the number of firms and the ability to monitor individual firms significantly affect the welfare of a wide class of types of regulator.


Incentives for Pollution Control

Incentives for Pollution Control
Author: J?r?me·Foulon
Publisher: World Bank Publications
Total Pages: 38
Release: 2000
Genre: Contaminacion
ISBN:

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"Both regulation and public disclosure belong in the environmental regulators' arsenal. Strong, clear standards combined with a significant, credible penalty system send the right signals to the regulated community, which responds by lowering pollution emissions. The public disclosure of environmental performance also provides strong additional incentives to pollution control"--Cover.


How Much Carbon Pricing is in Countries’ Own Interests? The Critical Role of Co-Benefits

How Much Carbon Pricing is in Countries’ Own Interests? The Critical Role of Co-Benefits
Author: Ian W.H. Parry
Publisher: International Monetary Fund
Total Pages: 36
Release: 2014-09-17
Genre: Business & Economics
ISBN: 1498330142

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This paper calculates, for the top twenty emitting countries, how much pricing of carbon dioxide (CO2) emissions is in their own national interests due to domestic co-benefits (leaving aside the global climate benefits). On average, nationally efficient prices are substantial, $57.5 per ton of CO2 (for year 2010), reflecting primarily health co-benefits from reduced air pollution at coal plants and, in some cases, reductions in automobile externalities (net of fuel taxes/subsidies). Pricing co-benefits reduces CO2 emissions from the top twenty emitters by 13.5 percent (a 10.8 percent reduction in global emissions). However, co-benefits vary dramatically across countries (e.g., with population exposure to pollution) and differentiated pricing of CO2 emissions therefore yields higher net benefits (by 23 percent) than uniform pricing. Importantly, the efficiency case for pricing carbon’s co-benefits hinges critically on (i) weak prospects for internalizing other externalities through other pricing instruments and (ii) productive use of carbon pricing revenues.


Environmental Regulation

Environmental Regulation
Author: John F. McEldowney
Publisher:
Total Pages: 0
Release: 2014
Genre: Environmental law
ISBN: 9780857938206

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Featuring an original introduction by the editors, this important collection of essays explores the main issues surrounding the regulation of the environment. The expert contributors illustrate that regulating the environment in the UK is conceptually complex, involves a diverse range of institutions, techniques and methodologies and crosses geographical and national boundaries. In the USA it is more formalised, juridical, adversarial and formally dependent upon legal rules. The articles highlight the fact that despite differences in the UK and the USA's regulatory styles, environmental regulation today has much in common with both traditions.


Clean Coastal Waters

Clean Coastal Waters
Author: National Research Council
Publisher: National Academies Press
Total Pages: 422
Release: 2000-08-17
Genre: Science
ISBN: 0309069483

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Environmental problems in coastal ecosystems can sometimes be attributed to excess nutrients flowing from upstream watersheds into estuarine settings. This nutrient over-enrichment can result in toxic algal blooms, shellfish poisoning, coral reef destruction, and other harmful outcomes. All U.S. coasts show signs of nutrient over-enrichment, and scientists predict worsening problems in the years ahead. Clean Coastal Waters explains technical aspects of nutrient over-enrichment and proposes both immediate local action by coastal managers and a longer-term national strategy incorporating policy design, classification of affected sites, law and regulation, coordination, and communication. Highlighting the Gulf of Mexico's "Dead Zone," the Pfiesteria outbreak in a tributary of Chesapeake Bay, and other cases, the book explains how nutrients work in the environment, why nitrogen is important, how enrichment turns into over-enrichment, and why some environments are especially susceptible. Economic as well as ecological impacts are examined. In addressing abatement strategies, the committee discusses the importance of monitoring sites, developing useful models of over-enrichment, and setting water quality goals. The book also reviews voluntary programs, mandatory controls, tax incentives, and other policy options for reducing the flow of nutrients from agricultural operations and other sources.


Regulating the Polluters

Regulating the Polluters
Author: Alexander Ovodenko
Publisher: Oxford University Press
Total Pages: 257
Release: 2017-08-15
Genre: Political Science
ISBN: 0190677740

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National governments and private stakeholders have long recognized that protecting the global environment requires international cooperation. Climate change, tropical deforestation, biodiversity loss, ozone depletion, hazardous wastes, and ocean pollution are among several issues that have brought national governments together in common purpose. As they have worked to mitigate these global problems, governments have developed a wide variety of environmental regime designs. Some global environmental regimes are more institutionally integrated than others. Some regimes impose legally binding obligations on countries while others involve non-binding commitments. And some regimes involve global standards and rules while others leave national commitments up to countries' discretion. What explains the pattern of regime design in global environmental governance? Alexander Ovodenko demonstrates that national governments have developed different institutional responses to global issues because the markets producing environmental pollution impose varying constraints and create varying opportunities for governments. Contrary to the prevailing literature, governments are more inclined to impose stringent rules and regulations on oligopolistic industries than on competitive ones. The capital resources and innovation potential of oligopolistic businesses make them more cost-effective and economical in reducing pollution and meeting global standards than businesses in competitive industries. In global governance, oligopolistic businesses face a "double-edged sword" arising from their wealth and market concentrations. Regulating the Polluters inverts the literature on regulatory capture and collective action by presenting empirical evidence of the irony of market power in global environmental politics.


Models in Environmental Regulatory Decision Making

Models in Environmental Regulatory Decision Making
Author: National Research Council
Publisher: National Academies Press
Total Pages: 286
Release: 2007-08-25
Genre: Political Science
ISBN: 0309110009

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Many regulations issued by the U.S. Environmental Protection Agency (EPA) are based on the results of computer models. Models help EPA explain environmental phenomena in settings where direct observations are limited or unavailable, and anticipate the effects of agency policies on the environment, human health and the economy. Given the critical role played by models, the EPA asked the National Research Council to assess scientific issues related to the agency's selection and use of models in its decisions. The book recommends a series of guidelines and principles for improving agency models and decision-making processes. The centerpiece of the book's recommended vision is a life-cycle approach to model evaluation which includes peer review, corroboration of results, and other activities. This will enhance the agency's ability to respond to requirements from a 2001 law on information quality and improve policy development and implementation.


Greening Industry

Greening Industry
Author:
Publisher: World Bank Publications
Total Pages: 172
Release: 2000
Genre: Political Science
ISBN: 9780195211276

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Accompanying CD-ROM contains background and reference material for the text, including the text itself, as well as a slightly modified version of the World Bank's New ideas for pollution regulation (NIPR) web site, current as of 9/29/99. CD-ROM also includes Netscape, Adobe Acrobat, and Real Media audio/video player.


Encyclopedia of Energy, Natural Resource, and Environmental Economics

Encyclopedia of Energy, Natural Resource, and Environmental Economics
Author:
Publisher: Newnes
Total Pages: 1056
Release: 2013-03-29
Genre: Business & Economics
ISBN: 0080964524

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Every decision about energy involves its price and cost. The price of gasoline and the cost of buying from foreign producers; the price of nuclear and hydroelectricity and the costs to our ecosystems; the price of electricity from coal-fired plants and the cost to the atmosphere. Giving life to inventions, lifestyle changes, geopolitical shifts, and things in-between, energy economics is of high interest to Academia, Corporations and Governments. For economists, energy economics is one of three subdisciplines which, taken together, compose an economic approach to the exploitation and preservation of natural resources: energy economics, which focuses on energy-related subjects such as renewable energy, hydropower, nuclear power, and the political economy of energy resource economics, which covers subjects in land and water use, such as mining, fisheries, agriculture, and forests environmental economics, which takes a broader view of natural resources through economic concepts such as risk, valuation, regulation, and distribution Although the three are closely related, they are not often presented as an integrated whole. This Encyclopedia has done just that by unifying these fields into a high-quality and unique overview. The only reference work that codifies the relationships among the three subdisciplines: energy economics, resource economics and environmental economics. Understanding these relationships just became simpler! Nobel Prize Winning Editor-in-Chief (joint recipient 2007 Peace Prize), Jason Shogren, has demonstrated excellent team work again, by coordinating and steering his Editorial Board to produce a cohesive work that guides the user seamlessly through the diverse topics This work contains in equal parts information from and about business, academic, and government perspectives and is intended to serve as a tool for unifying and systematizing research and analysis in business, universities, and government