Compare and contrast the cost-effectiveness of (a) a sulphur dioxide emission tax; (b) a sulphur dioxide emission

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Compare and contrast the cost-effectiveness of

(a) a sulphur dioxide emission tax;

(b) a sulphur dioxide emission tax levied at the same rate as in (a), together with an arrangement by which emissions tax revenues are used to subsidise capital equipment designed to ‘scrub’ sulphur from industrial and power-generation emissions.

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Natural Resource And Environmental Economics

ISBN: 9780321417534

4th Edition

Authors: Roger Perman, Yue Ma, Michael Common, David Maddison, James McGilvray

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