Controlling Pollution: Using Taxes and Tradable Permits

Front Cover
International Monetary Fund, 2000 - Emissions trading - 14 pages
"In December 1997, 160 nations meeting in Kyoto, Japan agreed to cut back emissions of carbon dioxide and other greenhouse gases. While ratified by only a very small number of countries so far, the "Kyoto Protocol" calls for industrial countries to reduce their average emissions during 2008-12 to about 5 percent below 1990 levels. This pamphlet examines the relative merits of these two major economic instruments for reducing pollution - "green" taxes and tradable permits. While many - particularly European - countries now have long-term programs involving green taxes in place, a willingness to experiment with tradable permits seems to be growing, especially given the Kyoto Protocol emission targets."--Document.

What people are saying - Write a review

We haven't found any reviews in the usual places.

Selected pages

Other editions - View all

Common terms and phrases

Bibliographic information