Policy Instruments for Environmental and Natural Resource Management

<p>Thomas Sterner's book is an attempt to encourage more widespread and careful use of economic policy instruments. The book compares the accumulated experiences of the use of economic policy instruments in the U.S. and Europe as well as in rich and poor countries in Asia Africa and Latin America. Ambitious in scope it discusses the design of instruments that can be employed in any country in a wide range of contexts including transportation industrial pollution water pricing waste fisheries forests and agriculture. </p><p>While deeply rooted in economics <em>Policy Instruments for Environmental and Natural Resource Management</em> is informed by political legal ecological and psychological research. The new edition enhances what has already been widely hailed as a highly innovative work. The book includes greatly expanded coverage of climate change covering aspects related to policy design international equity and discounting voluntary carbon markets permit trading in United States and the Clean Development Mechanism. Focusing ever more on leading ideas in both theory and policy the new edition brings experimental economics into the main of its discussions. It features expanded coverage of the monitoring and enforcement of environmental policy technological change the choice of policy instruments under imperfect competition and subjects such as corporate social responsibility bio-fuels payments for ecosystem services and REDD. </p>