Lessons from the American Experiment with Market-Based Environmental Policies

33 Pages Posted: 26 Feb 2002

See all articles by Robert N. Stavins

Robert N. Stavins

Harvard University - Harvard Kennedy School (HKS); Resources for the Future; National Bureau of Economic Research (NBER)

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Date Written: April 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 Classification: Q28

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: https://ssrn.com/abstract=285998 or http://dx.doi.org/10.2139/ssrn.285998

Robert N. Stavins (Contact Author)

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