Designing incentives regulation for the environment

Research output: Chapter in Book/Report/Conference proceedingChapterAcademic


This chapter provides an overview of legal and policy instruments that can be used to provide potential polluters with incentives for pollution abatement. The traditional law and economics literature as well as environmental economics are used to show how liability rules, safety regulation, environmental taxation, and emission trading all have specific advantages and disadvantages. It is therefore argued that environmental policy should look for optimal combinations (mixes) of a variety of policy instruments.
Original languageEnglish
Title of host publicationGlobal environmental commons. Analytical and political challenges in building governance mechanisms
EditorsE. Brousseau, T. Dedeurwaerdere, P.-A. Jouvet, M. Willinger
Place of PublicationOxford
PublisherOxford University Press
ISBN (Print)978-0-19-965620-2
Publication statusPublished - 1 Jan 2012

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