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Lessons from the American Experiment with Market-Based Environmental Policies

Robert N. Stavins
Harvard University - John F. Kennedy School of Government; Resources for the Future; National Bureau of Economic Research (NBER)

April 2002

KSG Working Paper No. RWP01-032; FEEM Working Paper No. 30.2002

Abstract:
This paper draws on American experience with four categories of market-based instruments for environmental protection: charge systems; tradeable permits; market friction reduction; and government subsidy reduction. The paper examines normative and positive lessons that can be learned from these experiences.

JEL Classifications: Q28

Working Paper Series

Date posted: February 26, 2002 ; Last revised: November 30, 2003

Suggested Citation

Stavins, Robert N., Lessons from the American Experiment with Market-Based Environmental Policies (April 2002). KSG Working Paper No. RWP01-032; FEEM Working Paper No. 30.2002. Available at SSRN: http://ssrn.com/abstract=285998 or doi:10.2139/ssrn.285998

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Contact Information

Robert N. Stavins (Contact Author) Harvard University - John F. Kennedy School of Government ( email ) 79 John F. Kennedy Street Cambridge, MA 02138 United States 617-495-1820 (Phone) 617-496-3783 (Fax)
Resources for the Future 1616 P Street, NW Washington, DC 20036 United States
National Bureau of Economic Research (NBER) ( email ) 1050 Massachusetts Avenue Cambridge, MA 02138 United States

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