146 pages | 35 B/W Illus.
Sweden has a long history of ambitious environmental, energy and climate policy. Due to the large amount of data available it is possible to perform statistically sound analysis and assess long term changes in productivity, efficiency, and technological development. The data at hand together with Sweden’s ambitious energy and climate policy provides a unique opportunity to shed light on pertinent policy issues.
The Impact of Climate Policy on Environmental and Economic Performance answers several key questions: What is the effect of the CO2 tax on environmental performance and profitability of firms? Does including emissions in productivity measurement of the industrial firm matter? Did the introduction of the EU ETS spur technological development in the Swedish industrial firm? What air pollutant is most inhibiting production when regulated? Being aware and learning from the Swedish case can be very relevant for countries that are in the process of shaping their climate policy.
This book is of great importance to researchers and policy makers who are interested in environmental economics, industrial economics and climate change.
Chapter 1: Introduction
Chapter 2: Method and models
Chapter 3: Productivity: Should we include bads?
Chapter 4: Environmental performance and productivity - the role of national and EU level climate policy
Chapter 5: The Swedish CO2 tax, environmental performance, and impact on profits – A stochastic frontier analysis
Chapter 6: Regulation and unintended consequences: Which bad is worst?
Chapter 7: Cost-benefit analysis with DEA: Measuring expense effectiveness
Routledge Explorations in Environmental Economics was established in 2001 and has since provided a key port of call for leading research in the field. As well as the core discipline of environmental economics, the remit of the series extends to natural resources, ecological economics, environmental studies and environmental science, with issues explored including energy, permit trading, valuation, taxation and climate change. The series is edited by Nick Hanley of the University of St Andrews.