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Private Rights in Public Resources

Private Rights in Public Resources Author Professor Leigh Raymond
ISBN-10 9781136526275
Release 2014-06-03
Pages 264
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Privatizing public resources by creating stronger property rights, including so-called rights to pollute, is an increasingly popular environmental policy option. While advocates of this type of market-based environmental policy tend to focus on its efficiency and ecological implications, such policies also raise important considerations of equity and distributive justice. Private Rights in Public Resources confronts these ethical implications directly, balancing political theory and philosophy with detailed analysis of the politics surrounding three important policy instruments--the Kyoto Protocol, the 1990 Clean Air Act Amendments, and the 1934 Taylor Grazing Act. Author Leigh Raymond reviews legislative records and administrative documents and interviews key policymakers. Confirming that much of the debate in the selected policies centers on the equity or fairness of the initial allocation of property rights, he applies the theories of John Locke, Morris Cohen, and others to build a framework for identifying the competing norms of equity in play. Raymond's study reveals that, despite the different historical and ecological settings, the political actors struggled to reconcile similar arguments-and were often able to achieve a similar synthesis of conflicting ownership ideas. Rather than offering a familiar argument for or against these policies on ethical grounds, the book explains how ideas about equity help determine a policy's political fate. Shedding light on the complex equity principles used to shape and evaluate these controversial initiatives, this empirical analysis will be of interest to those on all sides of the debate over market-based policies, as well as those interested in the role of normative principles in politics more generally.

Private rights in public resources

Private rights in public resources Author Leigh Stafford Raymond
ISBN-10 STANFORD:36105063189976
Release 2000
Pages 281
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Private rights in public resources has been writing in one form or another for most of life. You can find so many inspiration from Private rights in public resources also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Private rights in public resources book for free.

Justice and Nature

Justice and Nature Author John Martin Gillroy
ISBN-10 0878407960
Release 2001-08
Pages 496
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Most decision making in environmental policy today is based on the economic cost-benefit argument. Criticizing the shortcomings of the market paradigm, John Martin Gillroy proposes an alternative way to conceptualize and create environmental policy, one that allows for the protection of moral and ecological values in the face of economic demands. Drawing on Kantian definitions of who we are as citizens, how we act collectively, and what the proper role of the state is, Gillroy develops a philosophical justification for incorporating non-market values into public decision making. His new paradigm for justice toward nature integrates the intrinsic value of humanity and nature into the law. To test the feasibility of this new approach, Gillroy applies it to six cases: wilderness preservation, national wildlife refuges, not-in-my-backyard (NIMBY) siting dilemmas, comparative risk analysis, the Food and Drug Administration's risk regulation, and the National Environmental Policy Act. He also encourages others to adapt his framework to create alternative policy models from existing philosophies. This book offers new insights, models, and methods for policymakers and analysts and for scholars in philosophy, political theory, law, and environmental studies.

Property Rights and Natural Resources

Property Rights and Natural Resources Author Richard Barnes
ISBN-10 9781847315038
Release 2009-04-22
Pages 472
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Winner of the SLS Peter Birks Prize for Outstanding Legal Scholarship 2009. The use of private property rights to regulate natural resources is a controversial topic because it touches upon two critical issues: the allocation of wealth in society and the conservation and management of limited resources. This book explores the extension of private property rights and market mechanisms to natural resources in international areas from a legal perspective. It uses marine fisheries to illustrate the issues that can arise in the design of regulatory regimes for natural resources. If property rights are used to regulate natural resources then it is essential that we understand how the law and values embedded within legal systems shape the development and operation of property rights in practice. The author constructs a version of property that articulates both the private and public function of property. This restores some much needed balance to property discourse. He also assesses the impact of international law on the use of property rights-a much neglected topic-and shows how different legal and socio-political values that inhere in different legal regimes fundamentally shape the construction of property rights. Despite the many claimed benefits to be had from the use of private property rights-based management systems, the author warns against an uncritical acceptance of this approach and, in particular, questions whether private property rights are the most suitable and effective arrangement of regulating of natural resources. He suggests that much more complex forms of holding, such as stewardship, may be required to meet physical, legal and moral imperatives associated with natural resources.

Policy Instruments for Environmental and Natural Resource Management

Policy Instruments for Environmental and Natural Resource Management Author Thomas Sterner
ISBN-10 1891853120
Release 2003
Pages 504
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As Thomas Sterner points out, the economic 'toolkit' for dealing with environmental problems has become formidable. It includes taxes, charges, permits, deposit-refund systems, labeling, and other information disclosure mechanisms. Though not all these devices are widely used, empirical application has started within some sectors, and we are beginning to see the first systematic efforts at an advanced policy design that takes due account of market-based incentives. Sterner?s book encourages more widespread and careful use of economic policy instruments. Intended primarily for application in developing and transitional countries, the book compares the accumulated experiences of the use of economic policy instruments in the U.S. and Europe, as well as in select rich and poor countries in Asia, Africa, and Latin America. Ambitious in scope, the book discusses the design of instruments that can be employed in a wide range of contexts, including transportation, industrial pollution, water pricing, waste, fisheries, forests, and agriculture. Policy Instruments for Environmental and Natural Resource Management is deeply rooted in economics but also informed by perspectives drawn from political, legal, ecological, and psychological research. Sterner notes that, in addition to meeting requirements for efficiency, the selection and design of policy instruments must satisfy criteria involving equity and political acceptability. He is careful to distinguish between the well-designed plans of policymakers and the resulting behavior of society. A copublication of Resources for the Future, the World Bank, and the Swedish International Development Cooperation Agency (Sida).

Reclaiming the Atmospheric Commons

Reclaiming the Atmospheric Commons Author Leigh Raymond
ISBN-10 9780262034746
Release 2016-09-23
Pages 256
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How the Regional Greenhouse Gas Initiative created a new paradigm in climate policy by requiring polluters to pay for their emissions for the first time.

Institutions Transaction Costs and Environmental Policy

Institutions  Transaction Costs  and Environmental Policy Author Ray Challen
ISBN-10 1781956421
Release 2000-01-01
Pages 233
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'This is an excellent piece of work, applying the economic theory of property rights and transaction costs to the complex policy problems associated with water use in irrigation. Challen examines the determination of transaction costs and the way they interact with a realistic specification of property rights. He thereby avoids the two main defects found in much work in this area: first, the use of a simplistic division of property rights schemes, for example one based on polar categories of private property and common property, defined to mean open access, and second, a tendency to use the category of transaction costs as an unexamined "black box".' - John Quiggin, James Cook University, Australia 'A most encouraging trend in economics concerns the careful and non-teleological study of institutions. From an era in which institutions were completely ignored, through an era in which it was thought that institutions were mere constraints on otherwise beneficent behavior in markets, through an era in which it was thought that the purpose of institutions was to promote economic efficiency, we now seem to be firmly in an era in which it is understood that institutions are the very bedrock of economic and social interaction. The analysis of institutions will fall into incoherence if we insist on seeing them as teleological rather than as instrumental. Once there, we must still understand the purposes that different individuals and collectivities ascribe to particular institutional set ups. In this careful book Ray Challen offers clear conceptual guidance to the study of economic institutions. He also shows us how one can undertake the analysis of institutional choice. The problem setting is water resources in eastern Australia. The lessons are profoundly international, and the approach is refreshingly promising.' - Daniel W. Bromley, University of Wisconsin-Madison, US Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of these structures with illustrative application to the allocation of water resources.

Buying Nature

Buying Nature Author Sally K. Fairfax
ISBN-10 0262562103
Release 2005
Pages 357
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A history of the public and private acquisition of land for conservation and an analysis of its effectiveness in protecting the environment.

The Measurement of Environmental and Resource Values

The Measurement of Environmental and Resource Values Author A. Myrick Freeman
ISBN-10 1891853627
Release 2003
Pages 491
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The premise of this award-winning book is that estimates of the economic values of environmental and natural resource services are essential tools for effective policymaking. Freeman presents a comprehensive, rigorous treatment of benefit measurement, providing an introduction to the principal methods and techniques of resource and environmental valuation for professional economists and graduate students who are not directly engaged in the field. Features of the new edition include a reworking of the chapter on stated preference methods of valuation and new sections on topics in the valuation of effects on human health, the valuation of ecosystem functions and services, and benefits transfer. It targets several of the important advances since 1993 and integrates them within the basic framework of the first edition. Rick Freeman maintains the accessibility of the first edition while enhancing its relevance to current practice. Scholars and policymakers will welcome the work as an up-to-date reference on recent developments. Students and general readers will gain a better understanding of the contribution that economics as a discipline can make to decisions about pollution control and human health, the recreational use of rivers and forests, urban amenities, and other critical issues concerning the way we use and interact with environmental and natural resource systems.

Property Rights and Land Policies

Property Rights and Land Policies Author Gregory K. Ingram
ISBN-10 1558441883
Release 2009
Pages 483
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Property Rights and Land Policies has been writing in one form or another for most of life. You can find so many inspiration from Property Rights and Land Policies also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Property Rights and Land Policies book for free.

Markets for Clean Air

Markets for Clean Air Author A. Denny Ellerman
ISBN-10 0521660831
Release 2000-06-19
Pages 362
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Markets for Clean Air provides a comprehensive, in-depth description and evaluation of the first three years' experience with the U.S. Acid Rain Program. This environmental control program is the world's first large-scale use of a tradable emission permit system for achieving environmental goals. The book analyzes the behavior and performance of the market for emissions permits, called allowances in the Acid Rain Program, and quantifies emission reductions, compliance costs, and cost savings associated with the trading program. The book also includes chapters on the historical context in which this pioneering program developed and the political economy of allowance allocations.

The Ethics of Global Climate Change

The Ethics of Global Climate Change Author Denis G. Arnold
ISBN-10 9781139501002
Release 2011-03-31
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Global climate change is one of the most daunting ethical and political challenges confronting humanity in the twenty-first century. The intergenerational and transnational ethical issues raised by climate change have been the focus of a significant body of scholarship. In this new collection of essays, leading scholars engage and respond to first-generation scholarship and argue for new ways of thinking about our ethical obligations to present and future generations. Topics addressed in these essays include moral accountability for energy consumption and emissions, egalitarian and libertarian perspectives on mitigation, justice in relation to cap and trade schemes, the ethics of adaptation and the ethical dimensions of the impact of climate change on nature.

The Use of Economic Instruments in Environmental Policy

The Use of Economic Instruments in Environmental Policy Author
ISBN-10 9789280723915
Release 2004
Pages 117
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This paper looks at the role and importance of economic instruments in the context of three specific biodiversity related Multilateral Environmental Agreements. These are the Convention on international Trade in Endangered Species of Flora and Fauna (CITES), the Convention on Biological Diversity (CBD) and the Ramsar Convention on Wetlands of International Importance especially as Waterfowl Habitat (Ramsar Convention). The paper also discusses ways to improve and enhance the use of economic instruments as a means of conserving and sustaining biological diversity. (UNEP).

Using the Market for Cost effective Environmental Policy

Using the Market for Cost effective Environmental Policy Author European Environment Agency
ISBN-10 UOM:39015064129052
Release 2006
Pages 44
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This report presents an assessment of the main and most recent developments in the use of market-based instruments in European environmental policy. The report covers a range of instruments which are used as tools to achieve environmental objectives. These instruments include: environmental taxes, charges and deposit-refund systems, environmental tax reform, emissions trading schemes, subsidies, and liability and compensation requirements. The report finds a steadily growing application of market-based instruments across Europe. It also identifies the need for cost-effective policy measures in order to make authorities more aware of the advantages of implementing MBIs. The report "Market based instruments for environmental policy in Europe" (EEA Technical report 8/2005, ISBN 9291677825) is a longer version of this report.

Private Equity and Venture Capital in Europe

Private Equity and Venture Capital in Europe Author Stefano Caselli
ISBN-10 9780128122556
Release 2018-01-04
Pages 350
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Global financial markets might seem as if they increasingly resemble each other, but a lot of peculiar aspects qualify different markets with different levels of development. Private equity investors can take advantage of these variations. Structured to provide a taxonomy of the business, Private Equity and Venture Capital in Europe, Second Edition, introduces private equity and venture capital markets while presenting new information about the core of private equity: secondary markets, private debt, PPP within private equity, crowdfunding, venture philanthropy, impact investing, and more. Every chapter has been updated, and new data, cases, examples, sections, and chapters illuminate elements unique to the European model. With the help of new pedagogical materials, this Second Edition provides marketable insights about valuation and deal-making not available elsewhere. Covers new regulations and legal frameworks (in Europe and the US) described by data and tax rates Features overhauled and expanded pedagogical supplements to increase the versatility of the Second Edition Focuses on Europe Includes balanced presentations throughout the book

Environmental Markets

Environmental Markets Author Graciela Chichilnisky
ISBN-10 023111589X
Release 2000
Pages 298
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Environmental Markets has been writing in one form or another for most of life. You can find so many inspiration from Environmental Markets also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Environmental Markets book for free.

Liberalism and Cronyism

Liberalism and Cronyism Author Randall G. Holcombe and Andrea M. Castillo
ISBN-10 9780989219303
Release 2013-04-09
Pages 144
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Political and economic systems either allow exchange and resource allocation to take place through mutual agreement under a system of liberalism, or force them to take place under a system of cronyism in which some people have the power to direct the activities of others. This book, published by the Mercatus Center at George Mason University, seeks to clarify the differences between liberalism and cronyism by scrutinizing the actual operation of various political and economic systems. Examples include historical systems such as fascism in Germany between the world wars and socialism in the former Soviet Union, as well as contemporary systems such as majoritarianism and industrial policy. By examining how real governments have operated, this book demonstrates why—despite their diverse designs—in practice all political and economic systems are variants of either liberalism or cronyism.