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Environmental Market Failures: Are There Any Local Market-Based Corrective Mechanisms for Global Problems?

Robert, U. Ayres

Mitigation and Adaptation Strategies for Global Change 1(3): 289-309

1997

ISSN/ISBN: 1381-2386
DOI: 10.1007/bf00517808
Accession: 062611609
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The paper reviews various policy tools that have been discussed in the literature, including legal, administrative and fiscal (tax) schemes, as well as tradeable emission permits, and concludes that none of them are really suitable for dealing with global problems.

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