Discusses environmental policy instruments, including command and control regulations, economic tools, and voluntary approaches, to promote sustainable practices.
Explores regulating market externalities through taxes, subsidies, and tradable quotas to achieve optimal production levels and internalize external costs.
Explores internalizing external costs through taxes and subsidies, market equilibrium effects, and the role of information campaigns in influencing consumer behavior.
Delves into environmental regulation mechanisms like quantity caps, consumption caps, and taxes, emphasizing the importance of aligning private costs with social costs for optimal outcomes.
Explores the role of public policies in promoting sustainability and addressing market failures and externalities in the context of ecological transition.