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Category: Contamination Cost

Estimating the Social Cost of Non-CO2 GHG Emissions: Methane and Nitrous Oxide

Abstract: Many estimates of the social cost of CO2 emissions (SCCO2) can be found in the climate economics literature. However, to date far fewer estimates of the social costs of other greenhouse gases have been published, and many of those that are ava… more »

Application of a value-based equivalency method to assess environmental damage compensation under the European Environmental Liability Directive

Abstract: The Environmental Liability Directive (ELD) establishes a framework of liability based on the ‘polluter-pays’ principle to prevent and remedy environmental damage. The ELD requires the testing of appropriate equivalency methods to assess the s… more »

Urban Road Transportation Externalities: Costs and Choice of Policy Instruments

Abstract: Urban transportation externalities are a key development challenge. Based on the existing literature, the authors illustrate the magnitudes of various external costs, review response policies, and measure and discuss their selection, particula… more »

Understanding the Costs and Benefits of Deepwater Oil Drilling Regulation

Abstract: The purpose of this paper is to provide a conceptual framework for understanding how analysis of costs and benefits might be incorporated into an assessment of regulatory policies affecting deepwater drilling. We begin by providing a framework… more »