Holdings: Taxes and Tradable Permits As Instruments for Controlling Pollution

Taxes and Tradable Permits As Instruments for Controlling Pollution: Theory and Practice

This paper examines the relative merits of two dominant economic instruments for reducing pollution-"green" taxes and tradable permits. Theoretically, the two instruments share many similarities, and on balance, neither seems preferable to the other. In practice, however, most countries ha...

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Main Author:	Norregaard, John (Author)
Format:	Electronic eBook
Language:	English
Published:	Washington, D.C International Monetary Fund 2000
Series:	IMF Working Papers Working Paper No. 00/13
Online Access:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Summary:	This paper examines the relative merits of two dominant economic instruments for reducing pollution-"green" taxes and tradable permits. Theoretically, the two instruments share many similarities, and on balance, neither seems preferable to the other. In practice, however, most countries have relied more on taxes than on permits to control pollution. The analysis suggests a number of lessons to be learned from country experiences regarding the design and implementation of both instruments. While many, particularly European countries, currently have long-term programs involving environmental taxes, a willingness to experiment with tradable permits seems to be growing, especially given the Kyoto protocol emission targets
Physical Description:	1 Online-Ressource (49 p)
ISBN:	1451842996 9781451842999

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spelling	Norregaard, John Verfasser aut Taxes and Tradable Permits As Instruments for Controlling Pollution Theory and Practice Norregaard, John Washington, D.C International Monetary Fund 2000 1 Online-Ressource (49 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 00/13 This paper examines the relative merits of two dominant economic instruments for reducing pollution-"green" taxes and tradable permits. Theoretically, the two instruments share many similarities, and on balance, neither seems preferable to the other. In practice, however, most countries have relied more on taxes than on permits to control pollution. The analysis suggests a number of lessons to be learned from country experiences regarding the design and implementation of both instruments. While many, particularly European countries, currently have long-term programs involving environmental taxes, a willingness to experiment with tradable permits seems to be growing, especially given the Kyoto protocol emission targets Online-Ausg Reppelin-Hill, Valérie Sonstige oth http://elibrary.imf.org/view/IMF001/06742-9781451842999/06742-9781451842999/06742-9781451842999.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Norregaard, John Taxes and Tradable Permits As Instruments for Controlling Pollution Theory and Practice
title	Taxes and Tradable Permits As Instruments for Controlling Pollution Theory and Practice
title_auth	Taxes and Tradable Permits As Instruments for Controlling Pollution Theory and Practice
title_exact_search	Taxes and Tradable Permits As Instruments for Controlling Pollution Theory and Practice
title_exact_search_txtP	Taxes and Tradable Permits As Instruments for Controlling Pollution Theory and Practice
title_full	Taxes and Tradable Permits As Instruments for Controlling Pollution Theory and Practice Norregaard, John
title_fullStr	Taxes and Tradable Permits As Instruments for Controlling Pollution Theory and Practice Norregaard, John
title_full_unstemmed	Taxes and Tradable Permits As Instruments for Controlling Pollution Theory and Practice Norregaard, John
title_short	Taxes and Tradable Permits As Instruments for Controlling Pollution
title_sort	taxes and tradable permits as instruments for controlling pollution theory and practice
title_sub	Theory and Practice
url	http://elibrary.imf.org/view/IMF001/06742-9781451842999/06742-9781451842999/06742-9781451842999.xml
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MARC

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