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.
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