1. 7. A Sketch on Environmental Microeconomics 1.Internalizing Externalities 2.Standard Oriented Environmental Policy 3.International Environmental Problems

2. 7.1 Internalizing Externalities Fig. 7.1 Internalizing Externalities with a Pigouvian Tax

3. 7.2 Standard Oriented Environmental Policy Fig. 7.2 Cost Minimizing Inter-firm Allocation of Aggregate Pollution Abatement

4. Pollution Tax Fig. 7.3 Equilibrium Emission Abatement with Pollution Tax

5. Pricing and Standard Approach Fig. 7.4 Pollution Tax as an Instrument of Standard Oriented Environmental Policy

6. Command and Control Fig. 7.5 „Command and Control“ as an Instrument of Standard Oriented Environmental Policy