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MAKING DECISIONS ABOUT ENVIRONMENTAL PROGRAMS
C H A P T E R 6 MAKING DECISIONS ABOUT ENVIRONMENTAL PROGRAMS ENVIRONMENTAL ECONOMICS – 2e Charles D. Kolstad Copyright © 2011 by Oxford University Press, Inc.
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FIGURE 6.1 Total surplus from control of particulate emissions (particulate abatement). q*, surplus
maximizing amount of particulate abatement; ABCDE, resulting surplus; ABDE, surplus from quantity restriction to q1. ENVIRONMENTAL ECONOMICS – 2e Charles D. Kolstad Copyright © 2011 by Oxford University Press, Inc.
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FIGURE 6.2 Effect of a tax on particulate abatement. q*, efficient
amount of abatement; q1, amount of abatement with $1 unit tax. ENVIRONMENTAL ECONOMICS – 2e Charles D. Kolstad Copyright © 2011 by Oxford University Press, Inc.
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FIGURE 6.3 Benefit–Cost analysis of pollution (TSP) reduction in Baltimore. Supply and demand for (a) pollution (Adapted from Oates et al., 1989) and (b) pollution control (electrostatic precipitators). ENVIRONMENTAL ECONOMICS – 2e Charles D. Kolstad Copyright © 2011 by Oxford University Press, Inc.
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FIGURE 6.4 Market determination of discount factor.
ENVIRONMENTAL ECONOMICS – 2e Charles D. Kolstad Copyright © 2011 by Oxford University Press, Inc.
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FIGURE 6.5 The effect of a regulation on the cement industry.
ENVIRONMENTAL ECONOMICS – 2e Charles D. Kolstad Copyright © 2011 by Oxford University Press, Inc.
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