Environmental economics : theory and policy / Alfred Endres ; translated by Iain L. Fraser.

Includes bibliographical references and index.

HC79.E5 E535 2011 22 333.71 Endres, Alfred.10 Environmental economics : theory and policy / Alfred Endres ; translated by Iain L. Fraser. Rev. & extended English ed. New York : Cambridge University Press, 2011. xix, 379 p. : ill. ; 26 cm. Includes bibliographical references and index.8 Machine generated contents note: Part I. The Internalization of Externalities as Central Theme of Environmental Policy: 1. Foundations; 2. Implications of making the concept of internalization programmatic in environment policy; Part II. Strategies for Internalizing Externalities: 3. Negotiations; 4. Environmental liability law; 5. Pigovian tax; Part III. Standard-Oriented Instruments of Environmental Policy: 6. Introduction; 7. Types of environmental policy instruments; 8. Assessment of environmental policy instruments; Part IV. Extensions of the Basic Environmental-Economics Model: 9. Environmental policy with pollutant interactions; 10. Environmental policy with imperfect competition; 11. Internalization negotiations with asymmetrical information; 12. The `double dividend` of the green tax; 13. The induction of advances in environmental technology through environment policy; Part V. International Environmental Problems: 14. Introduction; 15. International environmental agreements; 16. Instruments of international environmental policy - the example of the EU`s emissions trading; 17. Epilogue: the vision of a federal US emission trading system; Part VI. Natural Resources and Sustainable Development: 18. Resource exhaustion - the end of mankind?; 19. Renewable resources; 20. Sustainable development; Epilogue: three types of externality and the increasing difficulty of internalizing them. "This intermediate-level undergraduate textbook in environmental economics builds on the microeconomics courses students take in their first year. It intentionally does not survey the whole field or present every possible topic. Instead, there is a