Pollution, Property & Prices

Download or read book Pollution, Property & Prices written by John Harkness Dales and published by Edward Elgar Publishing. This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1968 by the University of Toronto Press, this reprinted volume written by a former University of Toronto economics professor examines the economics of pollution, arguing for an alternative policy instrument ("markets in pollution rights"), a strategy by which the environmental authority issues a limited number of rights (or permits) to emit a specified pollutant and then leaves the determination of the price of these permits and their allocation to users of the market. Includes a new foreword by Wallace E. Oates (economics, U. of Maryland). Annotation copyrighted by Book News, Inc., Portland, OR