Optimizing production technology choices: conventional production vs. recycling

Article Abstract:

A study was conducted to analyze the optimal use of renewable resources and how optimality is related to the accumulation of waste stock. The materials balance framework allowed the formulation of the concept of sustainability as a maximization of discounted utility over time with respect to constancy of environmental services. Results showed that by recycling, it is possible for an economy to achieve a steady state where both source and waste stocks are kept constant.

PETROLEUM AND COAL PRODUCTS, Energy, Utilities, Refuse systems, Materials Recovery Facilities, Solid Waste Recovery, Management, Power resources, Recycling (Waste, etc.), Recycling, Alternative energy sources, Renewable energy

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Marketable pollution permits with uncertainty and transaction costs

Article Abstract:

Theoretical and numerical models have been considered to assess the effects of marketable permits for pollution control on market performance and control costs. The numerical model was used in the context of a nitrogen oxide trading case wherein technology options are open to participants. Results reveal the distribution of permits to have significant effects on the aggregate control costs and equilibrium price of permits.

Nitrogen Oxide Pollutants, Emissions credit trading, Emissions trading, Pollution liability insurance, Gaseous pollutants, Nitrogen oxides, Nitrogen oxide

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The choice of environmental policy instruments under correlated uncertainty

Article Abstract:

The combinations of choices between linear tax and non-linear taxes as affected by the presence of correlated uncertainty between the cost and benefit of environmental pollution control are discussed.

Management dynamics, Nepal, Taxation, Pollution control industry, Correlation (Statistics)

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