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Pharmacology, Toxicology and Environmental Health

Faculty of Arts - Papers (Archive)

2008

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Market Mechanisms, Ecological Sustainability And Social Equity, Sharon Beder Jan 2008

Market Mechanisms, Ecological Sustainability And Social Equity, Sharon Beder

Faculty of Arts - Papers (Archive)

In most cases the use of market mechanisms to protect the environment aim to maximise economic efficiency rather than environmental effectiveness or equity. The use of emissions trading to reduce greenhouse gases in the atmosphere is used as a case study to demonstrate this.