Economic incentives for optimal sulphur abatement in Europe

Halkos, George (1993): Economic incentives for optimal sulphur abatement in Europe. Published in: Energy Sources , Vol. 17, No. 5 (1995): pp. 517-534.

Abstract

This paper reviews and develops a theoretical and empirical representation of economic incentives for the implementation of pollution control strategies. A number of alternative available economic instruments may be thought of which, if applied internationally, could encourage implementation of the desired abatement strategies by countries. The paper considers means of pushing the countries to minimize abatement cost with them. A comparison between the pollution targets achieved by the imposition of a uniform charge rate and by differentiated charge rates is discussed and empirical results are provided with associated conclusions. These results are then compared with a simple standards setting in the form of critical loads, in order to see in an empirical way if economic instruments work better than regulations.

• Item Type: MPRA Paper
• Language: English
• Keywords: Economic instruments; optimal abatement; sulphur emissions; acid rain; mathematical programming, Europe
• Subjects: Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q50 - General; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q52 - Pollution Control Adoption and Costs ; Distributional Effects ; Employment Effects; C - Mathematical and Quantitative Methods > C7 - Game Theory and Bargaining Theory > C71 - Cooperative Games; Q - Agricultural and Natural Resource Economics ; Environmental and Ecological Economics > Q5 - Environmental Economics > Q53 - Air Pollution ; Water Pollution ; Noise ; Hazardous Waste ; Solid Waste ; Recycling; N - Economic History > N5 - Agriculture, Natural Resources, Environment, and Extractive Industries > N53 - Europe: Pre-1913; C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C60 - General

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