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Environmental myopia in a multi-pollutants setting : the case of climate change and acidification

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  • Sophie Legras

Abstract

This paper analyses the consequences of environmental myopia on policy design in a multi-pollutants framework. Focusing on the correlations between aerosols and greenhouse gases, the paper compares abatement and stock targets setting for various cases of environmental myopia. Both cases of lax and stringent regulation, compared to what is socially optimum, may arise. Furthermore, the lax/stringent nature of the policies may evolve over time, so that the time horizon of policy design matters in assessing the impact of environmental myopia.

Suggested Citation

  • Sophie Legras, 2010. "Environmental myopia in a multi-pollutants setting : the case of climate change and acidification," INRA UMR CESAER Working Papers 2010/8, INRA UMR CESAER, Centre d'’Economie et Sociologie appliquées à l'’Agriculture et aux Espaces Ruraux.
    • Handle: RePEc:ceo:wpaper:26
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    More about this item

    Keywords

    Atmospheric pollution; Global warming; Policy design; Incomplete environmental model; Multiple stocks;
    All these keywords.

    JEL classification:

    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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