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Using Marginal Damages in Environmental Policy: A Study of Air Pollution in the United States

Nicholas Z. Muller, Robert O. Mendelsohn




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 | #4438134 in Books |  AEI Press |  2013-01-18 | Original language:English | PDF # 1 |  9.30 x.61 x6.26l,1.00 | File type: PDF | 164 pages

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This technical volume makes the case that air pollution policy in the United States can be improved through consideration of both the marginal abatement costs facing regulated sources, and the marginal damages associated with their emissions. The preferred approach is a fully efficient regulatory scheme. Recognizing that completely reforming today's regulatory program, which consists of a mix of command-and-control policies and cap-and-trade programs, is not ...

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