Could Environmental Public Policy Be Harmful for the Environment?

Fodha, Mouez

Could Environmental Public Policy Be Harmful for the Environment? - 2011.


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This article analyzes the consequences of environmental public policy when agents engage in private remediation action, financed by private contributions. The issue at stake is the interactions between private involvement in remediation and public intervention. The analysis of the consequences of environmental tax policy on capital and environmental quality shows that public and private remediation may or may not be interchangeable, depending on the efficiencies of remediation and on the initial economic and environmental inefficiencies.

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