Domestic Transferable Permits for Environmental Management [electronic resource]: Design and Implementation /
Godard, Olivier.
Organisation for Economic Co-operation and Development.
Organisation for Economic Co-operation and Development,sponsoring body.
Paris : OECD Publishing,
2001.
To address many of the environmental challenges that face us today, including climate change, countries are striving to deploy efficient and effective tools for environmental management at the national level. Tradable/transferable permits are one such tool. What are the key design parameters for domestic tradable permit programmes? What additional considerations should policy-makers keep in mind before choosing tradable permits over other policy instruments? Why have many proposals for domestic tradable permit systems failed to materialise and how could the obstacles be overcome? This publication attempts to answer these questions, by providing a systematic analysis of the various approaches, challenges, conditions and potential solutions relating to the design and introduction of domestic transferable permit schemes.
""Foreword""; ""Table of contents""; ""Introduction""; ""Note""; ""Chapter 1.  Origins, Aims and Approaches""; ""Brief Historical Overview""; ""Aims and Expected Benefits""; ""Four Main Aims""; ""Expected Economic Benefits""; ""Figure 1.  50 per cent Reduction in Emissions (after Godard and Henry, 1998)""; ""Box 1.  Impact of Asymmetries on Tax Treatment""; ""Figure 2.  The Impact of Differences of Taxation of Inputs Linked to Emissions""; ""Basic Definitions and Concepts""; ""Four Main Families of Transferable Permit""; ""Table 1.  Credits, Quotas, Averaging and New Rights""
""Different Forms of Flexibility""""Box 2.  The Netting Programme in the United States""; ""Notes""; ""Chapter 2.  Key Variables in the Design of a Transferable Permits System""; ""Aims and Basic Characteristics of the System""; ""Aims""; ""Permit Components""; ""Box 3.  Attempts to Regulate Overfishing""; ""Box 4.  Setting Quotas in Absolute or Relative Terms to Regulate Overfishing""; ""Box 5.  Impact of Targets in Relative Units on Uncertainty of Emission Levels""; ""Box 6.  Duration of Permits and Fisheries Regulation""
""Table 2.  Combinations of User Rights and Transfer Rights Options""""Scope of Application""; ""Box 7.  The Geographical Dimension of Using TPs to Combat Acid Rain""; ""Participants""; ""Figure 3.  Possible Distortion of Optimal Cap when the Permit Market is Open to Non-Users""; ""Box 8.  Voluntary Participation in the Acid Rain Program""; ""Design Options for the System""; ""Initial Permit Allocation""; ""Box 9.  Auctioning Techniques""; ""Organisation of Temporal and Spatial Flexibility""; ""Figure 4.  Smoothing Emission Reductions Subject to Ceilings P1, P2 and P3 over Several Periods""
""Box 10.  The Preference for Internal Transfers as Shown by the US Experience""""Box 11.  The US System of Offsets""; ""Organisation of Transfers""; ""Box 12.  Forward Transactions in the Acid Rain Program""; ""Combination with Other Instruments""; ""Means of Application""; ""Means of Information""; ""Compliance Checks and Incentives to Encourage Compliance with the Rules""; ""Provisions to Promote Participation by Agents""; ""Two Examples of Transferable Permit Programmes""; ""Table 3.  A Summary Comparison of the Acid Rain Programme and the RECLAIM Programme""; ""Notes""
""Chapter 3.  Implementation Issues and Constraints""""Issues Relating to Competitiveness and Market Power""; ""The Environment and Competitiveness""; ""Key Variables with Regard to Competitiveness""; ""Box 13.  Impacts of Free Versus Charged Allocation of TPs on Products Costs""; ""Box 14.  A Case where it may be Economically Advantageous to Choose Non-Transferable Quotas""; ""Issues Relating to Compatibility with Institutional Framework for Public Policies and with Existing Instruments""; ""Three Problems of Compatibility""; ""The Challenges of Institutional Compatibility""
""The Challenges of Transitional Compatibility""
Also published in French under title: Permis transférables nationaux et politiques environnementales.
"97 2001 07 1 P"--Page [4] of cover.
Written by Olivier Godard.
Includes bibliographical references (pages 109-112).
To address many of the environmental challenges that face us today, including climate change, countries are striving to deploy efficient and effective tools for environmental management at the national level. Tradable/transferable permits are one such tool. What are the key design parameters for domestic tradable permit programmes? What additional considerations should policy-makers keep in mind before choosing tradable permits over other policy instruments? Why have many proposals for domestic tradable permit systems failed to materialise and how could the obstacles be overcome? This publication attempts to answer these questions, by providing a systematic analysis of the various approaches, challenges, conditions and potential solutions relating to the design and introduction of domestic transferable permit schemes.
Environmental permits.