Do taxes improve the environment at a reasonable cost? This book focuses on the environmental effects and effectiveness of market-based policy instruments, especially taxes, at improving the environment.
In order to calculate their efficiency, the authors compare taxes levied in different ways and at different stages in the product life-cycle with other market-based instruments such as charges, subsidies, tradeable emission permits and deposit-refund systems. They also compare the effectiveness of environmental taxes with other regulatory instruments and schemes including liability and insurance schemes and green labelling. Several chapters focus on the transaction and information costs associated with the implementation of market based policy instruments. The contributors use case study examples to support their findings on the most effective method to improve the environment.
Edited by Thomas Sterner, Professor of Environmental Economics, University of Gothenburg, Sweden
Contents: Preface 1. Introduction 2. Disclosure Strategies for Pollution Control 3. Theoretical Considerations Regarding the Effectiveness of Policy Instruments 4. Locally Rational Affection and the Choice of Environmental Policy Instruments 5. Impacts of Environmental Policy on International Trade and Capital Movement 6. Effects of Uncertainty over Environmental Taxes on Emission-reducing Capital in an Oligopoly 7. Regulating Road Transport Externalities 8. Variations on the Wrong Themes? 9. Environmental Taxes seem to be Effective Instruments for the Environment 10. Energy and Environmental Taxes in the European Community and in OECD Countries 11. Energy and Environmental Taxation in Sweden 12. The Distributional Effects of Carbon Regulation 13. Market-Based Instruments for Environmental Policy in Developing Countries 14. Environmental Taxation in Kenya 15. Economic Instruments for Environmental Management in Tanzania 16. The Role of Enforcement and Economic Instruments in Inducing Environmental Investment in a Transition Economy 17. Design and Performance of Economic Instruments for Waste Management and Air Emission Control in Hungary 18. Do Pollution Charges Reduce Emissions in Lithuania? 19. Issues in Designing an Effective Solid Waste Policy 20. Waste Management and Recycling 21. The Effectiveness of the UK Landfill Tax - Early Indications 22. Environmental and Economic Implications of Market-Based Instruments in Portugal Index