Political economy and instruments of environmental politics / edited by Friedrich Schneider, Andrea Kollmann, and Johannes Reichl.

Political economy and instruments of environmental politics / edited by Friedrich Schneider, Andrea Kollmann, and Johannes Reichl.

9780262329736 (electronic bk.)
0262329735 (electronic bk.)
9780262329743 (electronic bk.)
0262329743
0262029243
9780262029247

Cambridge, Massachusetts : MIT Press, [2015]

English

1 online resource : illustrations.

HC79.E5 P6537 2015eb

333.7

Economists have long argued that market-based instruments such as, environmental taxes, and emission trading systems, are the superior way to offset the negative externalities of any kind of economic activities. Yet, whether the effects of using these instruments are sufficient, whether they are actually used efficiently, and especially which factors influence their effectiveness is subject to a lively debate. It is the ultimate task of research to identify existing barriers among economic agents so as to gain valuable insight into how to overcome them. There still is much work to be done when it comes to evaluating the effectiveness of policy instruments with regard to the achievement of environmental targets. This work examines this topic.

Economists have long argued that market-based instruments such as, environmental taxes, and emission trading systems, are the superior way to offset the negative externalities of any kind of economic activities. Yet, whether the effects of using these instruments are sufficient, whether they are actually used efficiently, and especially which factors influence their effectiveness is subject to a lively debate. It is the ultimate task of research to identify existing barriers among economic agents so as to gain valuable insight into how to overcome them. There still is much work to be done when it comes to evaluating the effectiveness of policy instruments with regard to the achievement of environmental targets. This work examines this topic.

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