The Old Newspapers Problem: Benefit-Cost Analysis of a Marketable Permit Policy
Inventory Record #: EE-0355
| 4. Economic Incentives and Other Innovative Approaches|
4. Economic Incentives and Other Innovative Approaches - Trading and Marketable Permits
| c. Land|
c. Land - Solid Waste/RCRA
|Bingham, Tayler H.|
Chandran, Ram V.
Dinan, Terry M.
EPA Project Officer/ Manager:
|Dinan, Terry M.|
|United States, Canada|
|Research Triangle Institute||Address: |
City: Research Triangle Park State: NC ZIP: 27709
The report examines the potential economic effects of encouraging recycling of old newspapers with a marketable permit policy. The policy examined limits the aggregate quantity of virgin pulp available for use in newsprint production, thereby inducing producers to substitute old newspaperes for wood in pulp production. It would, however, let market forces decide where and to what extent individual newsprint producers substitute secondary fiber pulp for virgin pulp. This policy, the report says, would reduce the newspaper component of solid waste at the minimum possible social cost and would address an important market failure that results from an excess quantity of solid waste generation and disposal.
|Environmental Protection Agency, Office of Policy, Planning and Evaluation, Economic Analysis Branch||Address: |
City: Washington State: DC ZIP: 20460
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