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&i;Economics and the Environment&o; examines a broad range of topics in environmental and natural resource economics. It presents in-depth treatment of important issues at the cutting edge of environmental policy debates. The focus is on equipping readers with the tools necessary to analyze current environmental issues as an economist would.
Preface; INTRODUCTION; Four Economic Questions about Global Warming; HOW MUCH POLLUTION IS TOO MUCH? Ethics and Economics; Pollution and Resource Degradation as Externalities; The Efficiency Standard; The Safety Standard; Sustainability: A Neoclassical View; Sustainability: An Ecological View; Measuring the Benefits of Environmental Protection; Measuring the Costs of Environmental Protection; Benefit-Cost in Practice: Implementing the Efficiency Standard; Is More Really Better? Consumption and Welfare; IS GOVERNMENT UP TO THE JOB? The Political Economy of Environmental Regulation; An Overview of Environmental Legislation; The Regulatory Record: Achievements and Obstacles; Monitoring and Enforcement; HOW CAN WE DO BETTER? Incentive-Based Regulation: Theory; Incentive-Based Regulation: Practice; Promoting Clean Technology: Theory; Promoting Clean Technology: Practice; Energy Policy and the Environment; CAN WE RESOLVE GLOBAL ISSUES? Poverty, Population, and the Environment; Environmental Policy in Poor Countries; The Economics of Global Agreements; Author Index; Subject Index