Although economists have long advocated the use of economic
instruments in the implementation of environmental policy, they
have only recently gained acceptance. There is a growing consensus
within the European Union that both Member States and the
environment would benefit from the use of such incentive-based
economic instruments. Environment, Incentives and the Common Market
has been written by members of the Study Group on the Environment
and Economics of the National Environmental Forum, which includes
economists and social scientists from all the major Dutch
universities and research institutes. The book covers a wide range
of topics on the use of taxation and tradeable permits in a variety
of abatement policies. It concludes with comments on political
feasibility.
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