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Three Essays On The Theory Of Environmental Regulation: Hybrid Price And Quantity Policies And Regulation In The Presence Of Co-Pollutants, Insung Son

Doctoral Dissertations

This dissertation contains three original essays in the economic theory of environmental regulation. The main motivations for this work are two problems: the design of greenhouse gas (GHG) policies when emissions of these gases interact with so-called co-pollutants and the design of hybrid price and quantity policies to deal with the uncertainty in the benefits and costs of controlling GHG emissions. Abstract Concerns about how best to control GHGs have generated intense interest in the co-benefits and adverse side-effects of climate policies. Efforts to reduce CO₂ emissions can reduce emissions of flow pollutants that are emitted along with CO …