What is the optimal design of environmental taxes and cap-and-trade systems?

With Clear Skies, we get a greater guarantee that the air quality goals will be met, and we get greater regulatory certainty that leads to lower costs.

In both the nitrogen oxide and mercury rules, the Environmental Protection Agency is correctly leaving permit allocation decisions to the states.

The fifteen year mercury saga offers insights into the politics and economics of environmental regulation, and illustrates several policy lessons for future regulation.

In both the nitrogen oxide and mercury rules,Maryland shouldconsider using auctions as a means of raising revenue to reduce economically harmful tax rates.

It is important that the EPA maintaina federalist approach of state flexibility and that the states consider using auctions as a means to raise targeted revenues.

This two-volume collection of key papers by leading scholars provides a comprehensive perspective on the evaluation and performance of risk regulation policies.

Clear Skies is an economist's approach to pollution reduction. We heartily endorse its core approach, while recommending surgery for a few minor blemishes.