Introduction to Environmental Economics: Pigouvian policy
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Course
Econ 467 (ECON467)
Institution
University Of Alberta (UofA)
The document covers the following:
1. How do we model our problems going forward?
2. What are the different kinds of standards in theory and the real world?
3. What happens under a standard?
,Roadmap
1. How do we model our problems going forward?
2. What are the different kinds of standards in theory and the real world?
3. What happens under a standard?
,Pigouvian policy
, Pigouvian policy
Much of what we will be looking at going forward are Pigouvian policies
A Pigouvian policy aims to force polluters to realize the costs of their
emissions (or forces the creator of a public good to realize the external
benefit) in the absence of a market to do the same
Next we will look at command and control and emission standard
regulations
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