Pace Energy and Climate Center

Market Programs Primer

Resource Type: Report

Adoption Year: 2012

Abstract: Market-based environmental protection programs offer numerous economic, administrative, and performance advantages over traditional command-and-control approaches. This work highlights key design features of various state and regional market-based environmental programs currently operating in New York and evaluates their success.

Market-based Environmental Programs in New York State: A Primer

Author: Tim Banach

Topics: Emissions, Markets,

States: New York,

Resource Type: Policy Brief

Adoption Year: 2012

Abstract: The broad goal of environmental regulation is to protect human health and the environment. To that end, regulation often seeks to prevent or control the release of pollutants into the air or water or onto the land. New York State regulators have approached the control of pollution in two ways: through command-and-control requirements and market-based mechanisms. This primer introduces market-based mechanisms currently employed in New York State environmental regulation.