Pollution, Property and Prices

By J. Dales. 2002

572 citations recorded by the source corpus.

In this classic book, originally published in 1968 by University of Toronto Press, John Dales proposed a new policy instrument for tackling pollution problems, namely ‘markets in pollution rights’. Dales was one of the first economists to put forward such a solution, and in subsequent years a system of emissions trading has evolved which is now a centrepiece in international discussions of how to address the problem of global climate change.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/1e362d8cd7588f285c89be7021feaa05a1e58cec

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In Economics and Econometrics

Citations in the corpus

An Intellectual History of Environmental Economics (2002, background): “The origins of marketable permits lies with the work of Dales (84), a Canadian economist.”
On the Economics of a Carbon Tax for the United States (2019, unknown): “458 Brookings Papers on Economic Activity, Spring 2019 Smale, Robin, Murray Hartley, Cameron Hepburn, John Ward, and Michael Grubb.”
Part I: Externalities and economic policies in road transport (2010, background): “Cap-and-trade systems were theoretically articulated by Dales (1968), who built his ideas on the basis of work by Coase (1960).”
Designing Climate Mitigation Policy (2010, unknown): “16 Market-based instruments equalize marginal abatement costs across all abatement opportunities within the firm, across heterogeneous firms, across production sectors, and across households and firms by establishing a uniform, nationwide emissions price (Dales 1968; Kneese and Bower 1968; Baumol an”
Water Quality Trading When Nonpoint Pollution Loads are Stochastic (2009, background): “Beginning with the seminal works of Crocker (1966), Dales (1968) and Montgomery (1972), a large literature has developed on the use of emissions trading to achieve environmental targets.”
Origins and Development of the EU ETS (2009, methodology): “This theoretical frame was given more explicit expression as a way of creating an emissions market by Crocker (1966) and Dales (1968), but still using hypothetical cases to illustrate the potential.”
The Effect of Allowance Allocations on Cap-and-Trade System Performance (2010, unknown): “Crocker (1966) and Dales (1968) each proposed a system of transferable discharge permits that could provide such a market solution: the regulator need only designate the total quantity of emissions allowed (the cap), distribute rights corresponding to this total, and allow individual sources of…”
Renewable Resource Economists and Policy: What Differences Have We Made? (2000, background): “During the same period, biologists were moving away from these simple views by incorporating size and age structures and more realistic depictions of spatial processes, including heterogeneity, patchy resource abundance, dispersal, and oceanographic linkages.(29) While biologists developed new and r”