Incentive-Based Environmental Regulation: A New Era from an Old Idea

@article{Hahn1990IncentiveBasedER,
  title={Incentive-Based Environmental Regulation: A New Era from an Old Idea},
  author={Robert W. Hahn and Robert Stavins},
  journal={Ecology Law Quarterly},
  year={1990},
  volume={18},
  pages={1}
}
During the twenty years since Earth Day in 1970, a host of environmental laws and regulations have been enacted, and substantial gains have been made in environmental protection. The United States and the world at large, however, continue to face major environmental threats both ongoing problems, such as urban smog, groundwater pollution, and acid rain, and newly recognized problems, including the threat of global climate change. As the decade of the 1990's begins, political leaders are giving… 
Economic incentives for environmental protection: Integrating theory and practice
For decades, economists have been extolling the virtues of market-based or economic-incentive approaches to environmental protection. Some 70 years ago, Arthur Cecil Pigou (1920) suggested corrective
MARKET-BASED ENVIRONMENTAL POLICIES
Some eighty years ago, economists first proposed the use of corrective taxes to internalize environmental and other externalities. Fifty years later, the portfolio of potential economic-incentive
Market-Based Environmental Policies
Some eighty years ago, economists first proposed the use of corrective taxes to internalize environmental and other externalities. Fifty years later, the portfolio of potential economic-incentive
A Reflexive Model of Environmental Regulation
  • Eric W. Orts
  • Environmental Science
    Business Ethics Quarterly
  • 1995
Although contemporary methods of environmental regulation have registered some significant accomplishments, the current system of environmental law is not working well enough. First the good news:
Environmental Law and Policy
The Regulatory Policy Program at the Center for Business and Government provides an environment in which to develop and test leading ideas on regulation and regulatory institutions. RPP's research
Reviving Regulatory Reform: A Global Perspective
Policymakers are engaged in a continuing, thorough reexamination of how national and state governments regulate areas ranging from telecommunications to the environment. So extensive is the
The Positive Political Economy of Instrument Choice in Environmental Policy
In the realm of environmental policy instrument choice, there is great divergence between the recommendations of normative economic theory and positive political reality. Four gaps stand out. First,
Alternatives to Regulation?: Market Mechanisms and the Environment
This book chapter presents a discussion of instrument choice in institutional context, with an emphasis on the Kyoto Protocol as an example of environmental benefit trading under a multilevel
Experience with Market-Based Environmental Policy Instruments
Environmental policies typically combine the identification of a goal with some means to achieve that goal. This paper, prepared as a chapter draft for the forthcoming Handbook of Environmental
Environmental Law and Public Policy
This chapter provides an economic perspective of environmental law and policy with regard to both normative and positive dimensions. It begins with an examination of the central problem in
...
1
2
3
4
5
...