Market-based Approaches to Environmental Regulation reviews the economics literature of market-based environmental regulations and design issues for environmental taxes and cap-and-trade systems. It begins by reviewing the economics literature on the theory of market-based environmental regulations. It then goes on to cover design issues for environmental taxes and cap-and-trade systems. Market-based Approaches to Environmental Regulation also discusses the U.S. experience with a number of regulatory approaches that are commonly characterized as market-based and describes the mix of market and non-market instruments that characterize these policies. Market-based Approaches to Environmental Regulation will be of interest to all researchers and practitioners in the field of environmental regulation.

Market-Based Approaches to Environmental Policy Regulatory Innovations to the Fore Edited by Richard F. Kosobud and Jennifer Zimmerman With the future of regulatory reform much in question, the search is on for more attractive, flexible, and cost-effective ways of meeting regulatory goals. In the area of environmental regulation, a number of experts are focusing on market-based approaches to achieving compliance, exploring the viability of establishing specific economic incentives for producers and consumers to behave in more environmentally responsible ways. Recently, a series of workshops—supported by the MacArthur Foundation and attended by experts from regulatory agencies, the private sector, public interest groups, and academia—were convened to present, debate, and refine workable proposals for market-based schemes to environmental compliance. The papers presented at those workshops, and the discussions they inspired, are the subject of this timely, authoritative volume. Market-Based Approaches to Environmental Policy is divided into four parts: "Market Tools for Green Goals" introduces the theory underlying incentive regulation, and includes a new comprehensive survey of current and potential savings achieved through market-based incentives; "Regulatory Innovations on Trial" analyzes environmental markets under development to control acid rain and urban smog, with discussions of the pros and cons of using tradable permits and allowances (the "cap-and-trade" model) to limit pollution emission; "Regulatory Innovations Awaiting Trial" looks at possible future applications, including a market for controlling global warming, the extended use of green taxes, and a more voluntary, decentralized environmental management structure; "Conclusions: Performance and Prospects for Market-Based Approaches" summarizes the discussions and poses questions for future study. Papers and discussions selected for the book focus primarily on issues pertaining to air pollution—among our most serious problems and the object of recent, high-impact regulatory legislation. With its unique papers-and-responses format, cutting-edge policy discussions, focus on direct real-world applications, and inclusion of all affected communities, Market-Based Approaches to Environmental Policy is an essential contribution to the ongoing pursuit of more effective environmental safeguarding. It is a must-own volume for regulators, corporate environmental compliance officers, public interest groups, or anyone concerned about the direction of environmental policy.

Over the last decade, market-based incentives have become the regulatory tool of choice when trying to solve difficult environmental problems. Evidence of their dominance can be seen in recent proposals for addressing global warming (through an emissions trading scheme in the Kyoto Protocol) and for amending the Clean Air Act (to add a new emissions trading systems for smog precursors and mercury--the Bush administration's "Clear Skies" program). They are widely viewed as more efficient than traditional command and control regulation. This collection of essays takes a critical look at this question, and evaluates whether the promises of market-based regulation have been fulfilled. Contributors put forth the ideas that few regulatory instruments are actually purely market-based, or purely prescriptive, and that both approaches can be systematically undermined by insufficiently careful design and by failures of monitoring and enforcement. All in all, the essays recommend future research that no longer pits one kind of approach against the other, but instead examines their interaction and compatibility. This book should appeal to academics in environmental economics and law, along with policymakers in government agencies and advocates in non-governmental organizations.

Emerging Contaminants in the Environment: Challenges and Sustainable Practices covers all aspects of emerging contaminants in the environment, from basic understanding to different types of emerging contaminants and how these threaten organisms, their environmental fate studies, detection methods, and sustainable practices of dealing with contaminants. Emerging contaminant remediation is a pressing need due to the ever-increasing pollution in the environment, and it has gained a lot of scientific and public attention due to its high effectiveness and sustainability. The discussions in the book on the bioremediation of these contaminants are covered from the perspective of proven technologies and practices through case studies and real-world data. One of the main benefits of this book is that it summarizes future challenges and sustainable solutions. It can, therefore, become an effective guide to the elimination (through sustainable practices) of emerging contaminants. At the back of these explorations on sustainable bioremediation of emerging contaminants lies the set of 17 goals articulated by the United Nations in its 2030 Agenda for Sustainable Development, adopted by all its member states. This book provides academics, researchers, students, and practitioners interested in the detection and elimination of emerging contaminants from the environment, with the latest advances by leading experts in emerging contaminants the field of environmental sciences. Covers most aspects of the most predominant emerging contaminants in the environment, including in soil, air, and water Describes the occurrence of these contaminants, the problems they cause, and the sustainable practices to deal with the contaminants Includes data from case studies to provide real-world examples of sustainable practices and emerging contaminant remediation