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A Framework to Think About Pollution: Ex...

Debaere, Peter

Technical Note

A Framework to Think About Pollution: Externalities, Pollution Taxes, and Cap and Trade

Debaere, Peter

GEM-0104 | Published April 26, 2011 Technical Note

Collection: Darden School of Business

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It is an understatement to say that environmental challenges are attracting attention. Sustainability tops the list of challenges for the 21st century. There is no consensus about how to address these challenges in a politically feasible way. This note offers a conceptual framework that firms and consumers can use to start thinking about the economic challenges ahead and how economic policies are likely to affect the environment within which they operate.

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