Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/119639 
Year of Publication: 
2002
Series/Report no.: 
Nota di Lavoro No. 30.2002
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
This paper provides an overview of the U.S. experience with market-based instruments with four categories: emission charges, tradeable permit systems,market friction reduction, and government subsidy reduction. Following that, I examine normative lessons that can be learned from these experiences, and then focus on positive political economy lessons. A final section offers some conclusions
Subjects: 
environmental policy
market-based instruments
economic-incentive instruments
Document Type: 
Working Paper

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