Public choice and environmental regulation

"What is the appropriate design for environmental regulation? Gert Tinggaard Svendsen sheds new light on the appropriate mix of economic instruments to implement environmental regulation in the context of the world-wide attempts to abate CO[subscript 2] emissions." "The author offers a detailed and comprehensive study of two alternative methods for controlling CO[subscript 2] emissions - tradable permits and taxation - using examples of varying success for the United States and Europe." "The interdisciplinary approach and the resulting policy recommendations make this book relevant to policy makers and academics across the social sciences. It will be particularly pertinent to those interested in environmental economics and public choice economics."--Jacket.