Alternative pollution policies and EMP

0.0(0)
studied byStudied by 0 people
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
Card Sorting

1/3

encourage image

There's no tags or description

Looks like no tags are added yet.

Study Analytics
Name
Mastery
Learn
Test
Matching
Spaced

No study sessions yet.

4 Terms

1
New cards

Why do some policies fail?

Weak institutions, political constraints, limited enforcement capacity

2
New cards

What are examples of alternative policies

Public disclosures and voluntary regulation

3
New cards

How effective are alternative policies

Public disclosures- majority of studies fail to find evidence that program reduced environmental performance. Voluntary agreements- majority of studies do not show environmental impact.

4
New cards

What influences firms choice of emissions?

Expected marginal penalty and marginal abatement costs. If MAC > EMP, it is cheaper for firms to pay penalties than to abate. If MAC < EMP, cheaper for firms to reduce emissions than pay penalties.