Market Based Instruments

Edited by Larry Kreiser, Professor Emeritus of Accounting, Cleveland State University, US, David Duff, Professor of Law, University of British Columbia, Canada, Janet E. Milne, Professor of Law and Director of the Environmental Tax Policy Institute, Vermont Law School, US and Hope Ashiabor, Dr., University of New South Wales Business School, Australia

’In the field of environmental policy there is a widespread tendency to move from command-and-control towards market based instruments, that are more efficient and less costly. This book provides a fresh contribution to the literature enlightening the most relevant characteristics of economic tools, with a comprehensive review of experiences in the EU, the Asia-Pacific region and North-America. Even if this is a technical book, the language is plain and the comprehension easy. There is much to learn in reading it.’

• Contents:PrefacePART I: NATIONAL EXPERIENCES IN THE EUROPEAN UNION1. Less Pain, More Gain: The Potential of Carbon Pricing to Reduce Europe’s Fiscal DeficitsJohn Ward, Robin Smale, Max Krahé and Jacqueline Cottrell2. Monetary Instruments to Promote Technological Innovation – The German Renewable Energy ActMonika Böhm 3. Providing Environmental Taxes with an Environmental PurposeTatiana Falcão4. Signaling Effects of Carbon Tax in Sweden: An Empirical Analysis Using a State Space ModelYasushi ItoPART II: NATIONAL EXPERIENCES IN ASIA-PACIFIC5. Tokyo’s Greenhouse Gas Emissions Trading Scheme: A Model for Sustainable Megacity Carbon MarketsSven Rudolph and Takeshi Kawakatsu6. Economic Impact Analysis on China’s Environmental Tax Reform through a Static Computable General Equilibrium AnalysisChangbo Qin, Jinnan Wang, Chazhong Ge, Shuting Gao, Qianqian Liu and Yajuan Ren7. The Extraterritorial Impact of the EU and Australian Carbon-restricting ReformsJuscelino F. Colares 8. Levelling the Playing Field or Playing on Unlevel Fields: The Industry Assistance Framework under the European Union ETS, the New Zealand ETS, and Australia’s CPMElena de Lemos Pinto AydosPART III: NATIONAL EXPERIENCES IN NORTH AMERICA9. Assessing British Columbia’s Carbon Tax Design: Public and Stakeholder PerspectivesEkaterina Rhodes and Matt Horne 10. Incentives for the Use of Natural Gas Powered Vehicles in the United States, New Zealand and AustraliaBill Butcher, Hans Sprohge, Rahmat Tavallali and Larry Kreiser Index