Market- Based Instruments for Environmental Management

Market-based instruments are becoming the environmental management tool of choice and have provided a new perspective on the conventional wisdom about policy instruments. This book analyses the complexities of designing and implementing market-based instruments using case study experiences from the Nordic countries, Japan, France, The Netherlands, Germany and Britain, where a range of green taxes have been introduced.

The contributors examine the role of political processes in designing, introducing and implementing green taxes and charges and analyse the extent to which political concerns complicate the approach favoured by environmental economists. The authors then focus on the implementation of market-based instruments to achieve environmental objectives and offer an ex-post evaluation of different countries' experiences with economic instruments.

This volume brings together contributions from political scientists and environmental economists and will prove invaluable for academics, practitioners and policymakers interested in the experiences of countries where market-based instruments are well established.

Edited by Mikael Skou Andersen, Professor of Environmental Policy Analysis, Aarhus University, Denmark and Rolf-Ulrich Sprenger, formerly Director of the Environmental and Resource Economics Department, IFO Institute for Economic Research, Munich, Germany