Economics of Atmospheric Pollution

ISBN-13: 9783642647444 / Angielski / Miękka / 2011 / 180 str.

E. C. Van Ierland; Kazimierz Gorka

Opis

This book deals with the economics of transboundary air pollution and climate change. It contains a profound analysis of uncertainty and learning with regard to global warming.
Specific attention is paid to non-linear and stepwise damage functions for global warming. The studies analyze various policy instruments to reduce both uniformly mixing and non-uniformly mixing pollutants. The synergistic effects of ozone precursors and their relation to acidification in Europe are also discussed.

Spis treści

1 On the Economics of Atmospheric Pollution.- 1.1 Introduction.- 1.2 Background of atmospheric pollution.- 1.3 Economic problems related to atmospheric pollution.- 1.4 Policy instruments.- 1.5 Modeling and methodologies.- 1.6 Cooperation or free riding?.- 1.7 The structure of the book.- 1.8 Conclusions.- 2 Uncertainty, Learning, Stock Externalities and Capital Irreversibilities.- 2.1 Introduction.- 2.2 A simple model of irreversibilities.- 2.3 Sunk costs and stock externalities.- 2.4 Conclusions.- 3 Who Gains from Learning about Global Warming?.- 3.1 Introduction.- 3.2 The model.- 3.3 Reversible emissions.- 3.4 Irreversible emissions.- 3.5 Numerical results.- 3.6 Conclusions.- 4 Voluntary Supply of Greenhouse Gas Abatement and Emission Trading Equilibria.- 4.1 Introduction.- 4.2 Preferences, noncooperative and cooperative equilibria.- 4.3 Noncooperative solution with competitive emission trading.- 4.4 Some properties of the noncooperative Competitive Emission Trading Equilibrium.- 4.5 Noncooperative solution with monopsonistic emission abatement trade.- 4.6 Empirical illustration.- 4.7 Conclusion.- 5 On the Efficiency of Green Tax Reforms to Reduce CO2 Emissions.- 5.1 Introduction.- 5.2 The model.- 5.3 First-best analysis.- 5.4 Second-best analysis.- 5.5 Some remarks on the relevance.- 5.6 Conclusion.- 6 Analytic Solutions of Simple Optimal Greenhouse Gas Emission Models.- 6.1 Introduction.- 6.2 A Greenhouse Gas Emission Reduction Model.- 6.3 Expected Value of Perfect Information EVPI.- 6.4 Numerical example.- 6.5 Conclusion.- 7 The Design of Cost Effective Ambient Charges under Incomplete Information and Risk.- 7.1 Introduction.- 7.2 Deterministic pollution control.- 7.3 An artificial market mechanism.- 7.4 Stochastic models.- 7.5 Adjustment mechanism.- 7.6 Numerical results.- 7.7 Conclusion.- 8 An Economic Approach to Ozone Abatement in Europe.- 8.1 Ozone problem: background.- 8.2 Basic ozone economics.- 8.3 Conclusions.