#environmentalecnomics #carbontaxes #environment #climatechange

Max sits down with Professor Nicholas Hanley to learn about the field of environmental economics, its goals and the challenges of measuring environmental impacts from economic activities. They discover how effective policy is designed for promoting positive environmental actions while managing negative externalities, in addition to the common mechanisms governments implement to meet these objectives.

Professor Nick Hanley:

https://www.gla.ac.uk/schools/bohvm/staff/nicholashanley/

Environmental economics in theory and practice:

https://www.amazon.co.uk/Environmental-Economics-Practice-Nick-Hanley/dp/033397137X/ref=books_amazonstores_desktop_mfs_aufs_ap_sc_dsk_0?_encoding=UTF8&pd_rd_w=eSt37&content-id=amzn1.sym.f9a1288a-66fe-4587-95f9-1387021c317b&pf_rd_p=f9a1288a-66fe-4587-95f9-1387021c317b&pf_rd_r=262-2263400-8564258&pd_rd_wg=XTeJ4&pd_rd_r=e1c917de-3283-492d-a6cc-6af32f222b23

Timestamps:

00:00: Intro

00:43: What Are the Goals of Environmental Economics

06:32: Types of Environmental Economics Policy

10:06: Tradeable Permit Schemes

23:36: Carbon & Other Environmental Taxes

29:51: How to Design Environmental Policies with the Right Incentives

39:24: How Behavioural Economics Factors into Environmental Economics