From a legal point of view the question arises under which conditions market-based instruments are acceptable approaches in environmental law. This article explores conditions under which a permit market (the instrument of tradable pollution rights) can be applied in Europe (at EEC-level). It is important to get customed to the idea of permit-market, since, in order to achieve succesful environmental protection, various alternatives have to be well-understood. The article maps several important issues, such as the distribution of the permits, and control and enforcement.
|Journal||Tilburg Foreign Law Review|
|Publication status||Published - 1993|