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POLICY INSTRUMENTS
Decades after the first wave of environmental regulation, policymakers now have many choices when seeking to address environmental problems. Until recently, command and control approaches like emission and technology standards, were the dominant regulatory strategies. Today, incentive-based approaches, like emission taxes and cap and trade programs, are widely accepted as effective regulatory approaches.
Incentive-based mechanisms remain a major orientation of Resources for the Future research, and applications include cap and trade programs for greenhouse gases and air pollutants, individual tradable quotas (ITQs) for fishery management, water quality trading, road pricing, pay-as-you-throw policies for solid waste, and fuel taxes, among many other examples. Additionally, RFF researchers have engaged in comparative analyses of the performance different regulatory strategies in a variety of settings. More recently, research has addressed alternative policy instruments like voluntary measures and public disclosure programs |
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| PUBLICATIONS | | Applying market principles to environmental policy | | Sheila M. Olmstead | | Environmental Policy: New Directions for the Twenty-First Century, 7th edition | Norman J. Vig and Michael E. Kraft, eds. | Washington, DC: Congressional Quarterly Press | 2010 | | | | Promoting Innovative Climate Adaptation through Federalism | | Winston Harrington | | Issue Brief 10-17 | August 2010 | | | | The Value of Information: Methodological Frontiers and New Applications for Realizing Social Benefit | | Molly K. Macauley, Ramanan Laxminarayan | | Conference Summary | August 2010 | | | | Price Discovery in Emissions Permit Auctions | | Dallas Burtraw, Jacob Goeree, Charles Holt, Erica Myers, Karen Palmer, and William Shobe | | Research in Experimental Economics | forthcoming | Related Discussion Paper 10-32 | | | | Long-Term Risks and Short-Term Regulations: Modeling the Transition from Enhanced Oil Recovery to Geologic Carbon Sequestration | | Alexander Bandza, Shalini Vajjhala | | RFF Discussion Paper DP 08-29 REV | July 2010 | | | | Should Hybrid Vehicles Be Subsidized? | | Virginia D. McConnell, Tom Turrentine | | Backgrounder | July 2010 | | | | View All Related Publications |
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| NEWS | | Obama Counters Bush on Auto Standards | | Tuesday, January 27, 2009 | | Boston Globe | | Lobbyists Prep for Greenhouse Gas Bill | | Friday, June 06, 2008 | | Marketplace | | CONGRESS: Behind ‘Safety Valve’ Debate Resides 30+ Years of History | | Tuesday, March 11, 2008 | | Climatewire | | Climate Policy, Auctions, and Economic Justice: Part Two | | Friday, February 29, 2008 | | The Nation | | View All Related News |
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| EVENTS | | Nongovernmental Organizations, Corporate Behavior, and the Environment | | Wednesday, March 24, 2010 | | Climate Policy Under the Clean Air Act | | Wednesday, March 03, 2010 | | On the Formation of Coalitions to Provide Public Goods - Experimental Evidence from the Lab | | Thursday, December 17, 2009 | | Energy Policy, Climate Change, and Inefficiency | | Tuesday, May 26, 2009 | | Adapting to a Changing Climate: Reforming Institutions and Managing for Extremes | | Wednesday, April 01, 2009 | | View All Related Events |
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| RESEARCHERS | | Blackman, Allen | | Brennan, Timothy J. | | Burtraw, Dallas | | Cohen, Mark A. | | Cropper, Maureen L. | | Davies, J. Clarence | | Fell, Harrison | | Fischer, Carolyn | | Fri, Robert | | Kopp, Raymond J. | | Kousky, Carolyn | | Li, Shanjun | | List, John A. | | Macauley, Molly K. | | Morgenstern, Richard D. | | Palmer, Karen L. | | Parry, Ian W.H. | | Probst, Katherine N. |
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| RELATED SUBTOPICS | | Deregulation, Fees and rebates, Incentive-based policy, Individual fishing quotas, Instrument choice, Market-based policy, Offsets, R&D, Regulation, Regulatory cost, Regulatory evaluation, Subsidies, Taxes, Voluntary programs |
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