Tomasz Żylicz

Abstract

The paper discusses global environmental problems such as climate change and biodiversity conservation, and reviews policies to address them. Two broad groups of instruments are analyzed: taxes and marketable permits. The paper consists of 6 parts. In the first one, key policy issues are introduced. This is followed by a discussion of a possible global carbon tax. Using tax revenues for subsidizing environmentally sound projects is studied in section 3. Sections 4 and 5 discuss marketable permits and technological offsets as their special case. The paper concludes with an overview of the available set of policy instruments indicating their potential role in reaching efficient and equitable international environmental agreements.

Keywords: Global change, biodiversity, carbon tax, technology transfer, environmental conventions

Tomasz Żylicz, Warsaw Ecological Economics Center University of Warsaw ul. Długa 44/50, 00-241 Warszawa, Poland