Choosing Environmental Policy Comparing Instruments and Outcomes in the United States and Europe

ISBN-10: 1891853880

ISBN-13: 9781891853883

Edition: 2004

Authors: Winston Professor Harrington, Richard D. Professor Morgenstern, Thomas Professor Sterner

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Description:

The two distinct approaches to environmental policy include direct regulation -- or "command and control" policies -- and regulation by economic, or market-based incentives. This book is the first to provide real-word comparisons of the costs and outcomes of these strategies. In a unique format, case studies contrast direct regulation on one side of the Atlantic with an incentive policy on the other. For example, Germany's direct regulation of SO2 emissions is compared with an incentive approach in the U.S. Direct regulation of water pollution via the U.S. Clean Water Act is contrasted with Holland's incentive-based system. Additional studies contrast solutions for eliminating leaded gasoline and reducing nitrogen oxide emissions, CFCs, and chlorinated solvents. The cases in Choosing Environmental Policy allow the sharpest comparisons of direct regulation and incentive-based strategies. In practice, environmental policy is often a mix of both instruments. This innovative investigation will interest scholars, students, and policymakers who want more precise information as to what type of "blend" is most effective.
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Book details

List price: $53.95
Copyright year: 2004
Publisher: Routledge
Publication date: 9/16/2004
Binding: Paperback
Pages: 296
Size: 6.25" wide x 9.25" long x 0.75" tall
Weight: 0.946
Language: English

Preface
Overview: Comparing Instrument Choices
SO[subscript 2] Emissions in Germany: Regulations to Fight Waldsterben
SO[subscript 2] Cap-and-Trade Program in the United States: A "Living Legend" of Market Effectiveness
Industrial Water Pollution in the United States: Direct Regulation or Market Incentive?
Industrial Water Pollution in the Netherlands: A Fee-based Approach
NO[subscript x] Emissions in France and Sweden: Advanced Fee Schemes versus Regulation
NO[subscript x] Emissions in the United States: A Potpourri of Policies
CFCs: A Look Across Two Continents
Leaded Gasoline in the United States: The Breakthrough of Permit Trading
Leaded Gasoline in Europe: Differences in Timing and Taxes
Trichloroethylene in Europe: Ban versus Tax
Trichloroethylene in the United States: Embracing Market-Based Approaches?
Lessons from the Case Studies
Index
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