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Global Environmental Policy: The Case of Ozone Depletion

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  • Douglas A. Smith
  • Keith Vodden

Abstract

The Montreal Protocol is an international agreement to reduce consumption of substances that deplete the ozone layer. This paper provides a quantitative assessment of the costs and benefits for Canada of the Protocol. Benefits are estimated through the use of a health effects impact model. Costs are assessed in an adjustment cost model that is triggered by increases in the prices of the controlled chemicals. The environmental policy aspects of the Protocol are noteworthy. Canadian implementation of the Protocol diverges from many traditional policies for local pollution that mandate controls without regard to differences among polluters in control costs. The market-oriented approach to reducing consumption of ozone-depleting substances increases the likelihood that reductions will be undertaken where control costs are lowest.

Suggested Citation

  • Douglas A. Smith & Keith Vodden, 1989. "Global Environmental Policy: The Case of Ozone Depletion," Canadian Public Policy, University of Toronto Press, vol. 15(4), pages 413-423, December.
  • Handle: RePEc:cpp:issued:v:15:y:1989:i:4:p:413-423
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    Cited by:

    1. Simonis, Udo E., 1994. "Towards a "Houston Protocol": Or how to allocate CO2 emissions reductions between North and South," Discussion Papers, Research Professorship Environmental Policy FS II 94-404, Social Science Research Center Berlin (WZB).
    2. Simonis, Udo E., 1993. "Toward a Houston Protocol - CO2 emission reductions between north and south," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 128-150.
    3. Simonis, Udo E., 1992. "Cooperation or confrontation: how to allocate CO2 emission reductions between north and south?," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 91-111.
    4. Simonis, Udo E., 1996. "Klimaprotokoll - zu den Verteilungsproblemen der Weltumweltpolitik," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 37-61.
    5. Simonis, Udo E., 1991. "Globale Klimakonvention: Konflikt oder Kooperation zwischen Industrie- und Entwicklungsländern," Discussion Papers, Research Professorship Environmental Policy FS II 91-404, Social Science Research Center Berlin (WZB).
    6. Heister, Johannes, 1993. "Who will win the ozone game? On building and sustaining cooperation in the Montreal protocoll on substances that deplete the ozone layer," Kiel Working Papers 579, Kiel Institute for the World Economy (IfW).
    7. Simonis, Udo E., 1992. "Sustainable development: how to allocate CO2 emission reductions?," EconStor Open Access Articles, ZBW - German National Library of Economics, pages 267-291.

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