Environmental policy

Neil Perry

doi:10.4337/9781849803182.00042

Environmental policy

Neil Perry

Research output: Chapter in Book / Conference Paper › Chapter

3 Citations (Scopus)

Abstract

The Post Keynesian approach to environmental economics calls into question the orthodox environmental economics concept of an efficient pollution level and its p rioritizing of price-based mechanisms over direct controls. An environmental tax may have a role to play in Post Keynesian environmental policy, but its effectiveness requires a suite of complementary policies to overcome the Post Keynesian realities of limited substitution effects, fundamental uncertainty and the problem of fina ncing new investment.

Original language	English
Title of host publication	The Elgar Companion to Post Keynesian Economics
Editors	John E. King
Place of Publication	U.K.
Publisher	Edward Elgar
Pages	176-180
Number of pages	5
Edition	2nd ed.
ISBN (Print)	9781849803182
DOIs	https://doi.org/10.4337/9781849803182.00042
Publication status	Published - 2012

Keywords

Keynesian economics
economics
environmental policy
environmental tax
investment

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10.4337/9781849803182.00042

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title = "Environmental policy",

abstract = "The Post Keynesian approach to environmental economics calls into question the orthodox environmental economics concept of an efficient pollution level and its p rioritizing of price-based mechanisms over direct controls. An environmental tax may have a role to play in Post Keynesian environmental policy, but its effectiveness requires a suite of complementary policies to overcome the Post Keynesian realities of limited substitution effects, fundamental uncertainty and the problem of fina ncing new investment.",

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AB - The Post Keynesian approach to environmental economics calls into question the orthodox environmental economics concept of an efficient pollution level and its p rioritizing of price-based mechanisms over direct controls. An environmental tax may have a role to play in Post Keynesian environmental policy, but its effectiveness requires a suite of complementary policies to overcome the Post Keynesian realities of limited substitution effects, fundamental uncertainty and the problem of fina ncing new investment.

KW - Keynesian economics

KW - economics

KW - environmental policy

KW - environmental tax

KW - investment

UR - http://handle.uws.edu.au:8081/1959.7/519614

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DO - 10.4337/9781849803182.00042

M3 - Chapter

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BT - The Elgar Companion to Post Keynesian Economics

A2 - King, John E.

PB - Edward Elgar

CY - U.K.

ER -

Environmental policy

Abstract

Keywords

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