Finance & economics | Free exchange
Green tape
Environmental regulations may not cost as much as governments and businesses fear
WHAT are the economic effects of environmental policies? It sounds painfully obvious, but the answer depends on how strict those policies are. So how do you quantify that? One of the dirty secrets of green economics is that, until now, no one has had a good measure of environmental strictness.
This article appeared in the Finance & economics section of the print edition under the headline "Green tape"
From the January 3rd 2015 edition
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