Market-Based Instruments: An Environmental Policy Option Supportive of Free Trade
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Authors
Will, Abbe H.
Issue Date
2002
Type
Thesis
Language
en_US
Keywords
Alternative Title
Abstract
Environmental policy and international trade are
generally perceived as inharmonious, however research
indicates that strong environmental policy need not detract
from trade-induced economic gains. Certain market-based
instruments, such as tradable permits for the rights to
pollute, are currently being explored through the Kyoto
Protocol as an environmental policy option on a global
scale. The advantages of market-based instruments include
increased efficiency, which translates to decreased costs
for both producers and consumers compared to the
traditional "command-and-control" instruments. The creation
and implementation of more efficient environmental policy
will make the simultaneous pursuit of environmental
preservation and free trade not only possible, but also
mutually supportive.
Description
ii, 30 p.
Citation
Publisher
License
U.S. copyright laws protect this material. Commercial use or distribution of this material is not permitted without prior written permission of the copyright holder.