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Acid Rain and Environmental Degradation

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Acid Rain and Environmental Degradation

The Economics of Emission Trading

9781858984896 Edward Elgar Publishing
Ger Klaassen, formerly European Commission, Brussels, Belgium
Publication Date: 1996 ISBN: 978 1 85898 489 6 Extent: 360 pp
Against the background of environmental policy instruments in general, Dr Klaassen presents a state-of-the-art survey of both the theory and actual applications of tradable permits. This survey also analyze international theory and experience. Later chapters examine the European acid rain issue and discusses how it can be addressed by means of tradeable permits with particular relevance to sulphur emissions.

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Critical Acclaim
Contents
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Acid Rain and Environmental Degradation is a succinct yet comprehensive survey of emission trading – a significant research and policy field of increasing importance for both Europe and the USA.

Against the background of environmental policy instruments in general, Dr Klaassen presents a state-of-the-art survey of both the theory and actual applications of tradable permits. This survey also analyses international theory and experience. Later chapters examine the European acid rain issue and discuss how it can be addressed by means of tradable permits with particular relevance to sulphur emissions.

Acid Rain and Environmental Degradation responds to current European policy discussions to apply emission trading on a continental scale. Because of its unique blend of theory and practice, this volume not only sets the tone for future discussions in Europe on transboundary pollution control, but also offers something for the academic economist, the environmentalist and the policymaker.
Critical Acclaim
‘. . . this book has much to offer to those engaged in the broader realms of environmental activism and policy making. . . This book deserves a place on the shelves of any self-respecting environmental library, and on the reading list of degree courses in environmental management.’
– C. Park, Land Degradation and Development

‘. . . Klaasen’s review of economic instruments is timely and his extensive biography is a useful resource for further research.’
– Rosalind Bark, The Journal of Energy Literature

‘Ger Klaassen provides a comprehensive review of emissions trading – in theory and in practice – that will be of great interest both to academics and to policymakers grappling with the problem of long-range transboundary air pollution.’
– Roger Salmons, European Environment

‘Here is a volume that sets the tone for all future discussions in the wider Europe on transboundary pollution control. Klaassen has produced a masterly and superbly written account of the prospects for sulphur trading in Europe and much, much more besides. There is something here for the academic
economist, the environmentalist and, perhaps most importantly, the policy maker. Essential reading.’
– David Pearce, University College London, UK
Contents
Contents: Foreword (Tomasz Zylicz) Acknowledgements 1. Introduction Part I: Theory, Models, and Practice 2. Economic Instruments in Theory 3. Instruments in Theory when Location Matters 4. Economic Instruments in an International Context: Theory 5. Empirical Simulation Models and Emission Trading 6. Emission Trading for Air Pollution in Practice 7. Theory, Models, and Practice: Concluding Observations Part II: Applications to Sulfur Emissions in Europe 8. The Institutional Framework for Controlling Sulfur Emissions in Europe 9. Trading with Exchange Rates 10. Sulfur Emission Trading in Europe: A Model Simulation 11. An Institutional Design for Joint Implementation 12. Conclusion References Index
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