Comments Stef Proost (KULeuven) Excellent paper –One of the first to look at the choice of instruments from an economics perspective –Forthcoming in Transportation.

Slides:



Advertisements
Similar presentations
Support of renewable energy: Prices versus quantities GIN 2006, Cardiff Jeroen De Paepe University of Ghent.
Advertisements

Workshop on the Regulation of Airport Noise ECORE - December 10th, ULB, Brussels.
Introduction to Consumer Education
Unit 20: Local traffic – an environmental issue. Geography Unit 20: Local traffic – an environmental issue What is a bypass? A bypass is a road which.
Theoretical Framework REVENUE Stef Proost (KULeuven) Based on work Adpc, CERAS, IWW,TIS and KULeuven.
1 Topic 3.c: Tradable emission permits We have seen that tradable pollution permits compare favorably with other policy instruments we have considered.
KATHOLIEKE UNIVERSITEIT LEUVEN CENTRUM VOOR ECONOMISCHE STUDIEN Keuze van elektriciteitscentrales : economie versus milieu Prof. Stef Proost Centrum voor.
Pollution Policy with Imperfect Information (Ch. 8)
Uncertainty, Monitoring & Enforcement Using economic models to help inform which instruments are most effective at controlling pollution.
Economics of the Environment 1. The economics of pollution 2. Valuation of externalities 3. The optimal level of pollution 4. Methods of pollution control.
Benefits, costs WTP – demand Benefit – area under the curve Opportunity Cost Marginal Cost Equimarginal cost.
Uncertainty, Monitoring & Enforcement Using economic models to help inform which instruments are most effective at controlling pollution.
The Economic Theory of Pollution Control
> >
Chapter 4 Conventional Solutions to Environmental Problems: The Command-and-Control Approach © 2004 Thomson Learning/South-Western.
(see also Chapter 13).  Sustainability is being able to endure and survive in an environment into the future.
The Geography of Transport for Travel and Tourism
Cost – The Root of Supply Total Cost Average Cost Marginal Cost Fixed Cost Variable Cost Long Run Average Costs Economies of Scale.
The importance of Gross margin Example 1: Sales price ok, sales volume ok compared to the size of the company: Sales income100 units x
1 Comments on “The Price of Silence: Markets for Noise Licenses and Airports” Jon Nelson Pennsylvania State University.
Chapter 5: Economics of Pollution. Forms of Pollution Air pollution Water pollution Land contamination Noise pollution.
Imagine that you are the owner and CEO of a very small firm You have a plot of land (already paid for) You can hire workers to help you –More workers,
Class 7 Environmental Policy Tools
Conclusions  Constraints to public intervention may have a significant impact on policy cost-effectiveness  Qualitative estimations of constraints to.
Promoting Partnerships between Public and Private EPEC PRIVATE SECTOR FORUM Jean-Claude Banon Chairman of BUSINESSEUROPE’s Services of General Economic.
Entrepreneurs in a Market Economy Ch 2.1. Ideas in Action pg What type of interest do you think Scott had that helped him to find success in this.
Demand AG BM 102 Fish Market, Riga, Latvia. Talk is cheap. Supply exceeds Demand.
Who are we selling to? Markets – all potential buyers and sellers for a particular product.
Regulation of Externalities Environmental Protection.
Chapter Sixteen: Markets Without Power. Perfect Competition.
1 Practical plantwide process control. Extra Sigurd Skogestad, NTNU Thailand, April 2014.
Approaches to Curtail the Production of Environmental Bads by the Agricultural Industry 1) Performance Based 2) Design Based 3) Market Based 4) Liability.
POLICY DIRECTIONS David Bray, Economic and Policy Services Pty Ltd.
1 Foreign Currency Derivatives Markets International Financial Management Dr. A. DeMaskey.
Supply and Demand. The Law of Demand The law of demand holds that other things equal, as the price of a good or service rises, its quantity demanded falls.
Command-and-Control Strategies: The Case of Standards Chapter 11.
ENVIRONMENTAL ECONOMICS – 2e Charles D. Kolstad Copyright © 2011 by Oxford University Press, Inc. C H A P T E R 16 AUDITS, ENFORCEMENT, AND MORAL HAZARD.
International Accounting A User Perspective 2 nd Edition by Shahrokh M. Saudagaran.
Cost Curves Average Costs Marginal Costs Long run and Short Run.
Objective of an efficient materials management. The objective of an efficient materials management is to provide the right materials (tools, work tools,
1 Version /05/2004 © 2004 Robert Oshana Requirements Engineering Analyzing the Problem.
1 TF on environmental transfers of the WG environmental expenditure statistics Environmental subsidies and similar transfers – issues for discussion Unit.
Unknown control cost1 ECON 4910 Spring 2007 Environmental Economics Lecture 11, Chapter 10 Kolstad Lecturer: Finn R. Førsund.
Uncertainty, Monitoring & Enforcement Using economic models to help inform which instruments are most effective at controlling pollution.
Break gender stereotypes, give talent a chance! The business case for gender equality Barbara Chiavarino.
Topic 6 : Incentive Based Strategies
International Accounting International Accounting A User Perspective by Shahrokh M. Saudagaran.
Advantages and disadvantages Subtitle. The emphasis is on delivering a product that shows potential to satisfy investors rather than one end users but.
The 6+1 Traits of Writing.
Aviation Noise management in Sweden
Geography at Key Stage 2 Unit 20:
Demand AG BM 102.
Making Economic Decisions
Homework Chapter 6 Natural Gas
BUSINESS HIGH SCHOOL-ECONOMICS
NORMATIVE AND POSITIVE
12 Things to think about when you design.
Aviation Noise management in Sweden
CHAPTER 1 First Principles.
Don Fullerton (Texas) Andrew Leicester (IFS) Stephen Smith (UCL & IFS)
Economics and International Cooperation
Challenges For Next Year
Assessing Costs for Environmental Decision Making
What Happens When Prices are not in Equilibrium?
Making Economic Decisions
To review I just want to make sure (for sure) you know a couple of things before we move forward.
Making Economic Decisions
Perfectly Competitive Markets
SOCIAL CHOICE: HOW MUCH ENVIRONMENTAL PROTECTION?
Session 7: Public Policy Instruments
Presentation transcript:

Comments Stef Proost (KULeuven) Excellent paper –One of the first to look at the choice of instruments from an economics perspective –Forthcoming in Transportation Research B Comments on potential additions

Other points 1 Use environmental economics on transport market –Marginal Damage curve noise is uncertain route choice is clearly most important (cfr; Frankfurt example) but you can do something about it (go for low density routes) so local regulations rather than EU regulations make sense –Marg Cost uncertain? –At present: two part instrument: regulation + fines not too bad (if fines are enforced and have relation with the marginal damage)

Noise level Marginal cost of abatement Marginal damage of noise Marginal Damage high density Route Marginal damage low density route Marginal abatement Cost high Marg abatement Cost Low

Noise level Marginal cost of abatement Marginal damage of noise Marginal damage low density route Marginal abatement Cost high Marg abatement Cost Low

Other points 2 Number of users is fixed –If it was variable one would put tax>Marginal damage –Other selection of instruments? Regulations may have some advantage in that case