Stock prices and the cost of environmental regulation
Recent environmental regulations have used market incentives to reduce compliance costs and improve efficiency. In most cases, the Environmental Protection Agency (EPA) selects an emissions cap using the predicted costs of reducing pollution. The EPA and other economists have used a "bottom-up&...
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Format: | Working Paper |
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MIT Center for Energy and Environmental Policy Research
2009
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Online Access: | http://hdl.handle.net/1721.1/45057 |