An Economic Analysis of the UK Landfill Permits Scheme

Barrow, Michael (2003) An Economic Analysis of the UK Landfill Permits Scheme. Fiscal Studies, 24 (3). pp. 361-381. ISSN 0143-5671

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The UK will introduce in 2004 a system of tradable permits for the landfill of municipal waste, in response to an EU directive setting limits on such activity. Tradable permits are becoming an increasingly popular method of dealing with some environmental issues — for example, sulphur dioxide (SO2) emissions in the USA. This paper describes the background to the landfill proposals and provides an analysis of how the permit system might work. Estimates are made of the possible savings in compliance costs of a permit system compared with a conventional 'command–and–control' approach. These estimates are subject to a considerable degree of uncertainty, related to factors discussed in the paper.

Item Type: Article
Keywords: Environment, pollution tax, tradability
Schools and Departments: School of Business, Management and Economics
Subjects: H Social Sciences > HG Finance
H Social Sciences > HB Economic theory. Demography
Depositing User: Chris Keene
Date Deposited: 03 Mar 2008
Last Modified: 30 Nov 2012 16:52
Google Scholar:8 Citations
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