Coordination of environmental policy for transboundary environmental problems?

Article Abstract:

An international environmental agreement is needed to achieve a Pareto optimal result with transboundary or transitional environmental problems. The international environmental agreement should emphasize on emissions in every country, focusing on whether the agreement should be supplemented with some type of policy coordination or be unilaterally decided by each country. Pareto optimality, during 'ideal' conditions, can be reached even without coordinated policies among countries.

International Affairs, Intnl Environmental Law, International aspects, Environmental policy, International environmental law, Transboundary pollution

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Taxes and quotas for a stock pollutant with multiplicative uncertainty

Article Abstract:

Issues concerning comparative analyses between quotas and taxes for stock pollutant are discussed. Particular attention is given to developing a model for multiplicative uncertainty and to estimated cost of greenhouse gas in calculating uncertainty levels.

Taxation, Environmental aspects, Business enterprises, Pollutants

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Global warming and hyperbolic discounting

Article Abstract:

The disadvantage of using discount rate for studying environmental problems such as global warming are analyzed. The impact of such study on decision making is discussed.

United States, Decision-making, Decision making, Analysis, Usage, Global warming, Environmental protection, Functions, Exponential, Exponential functions, Environmental issue

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