Lecture

Equity and Acceptability in Environmental Policy

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In course

HUM-471: Economic growth and sustainability I

This course examines growth from various angles: economic growth, growth in the use of resources, need for growth, limits to growth, sustainable growth, population growth. Although grounded in economics, it takes up elements from many other disciplines. ...

Description

This lecture discusses the importance of equity and acceptability in environmental policy instruments. The instructor explains the principles of equity in taxation, including horizontal and vertical equity. The capacity to contribute, burden definition, and environmental improvement considerations are also covered. The lecture emphasizes that instruments must be accepted to be effective, outlining typical conditions for acceptability. Ways to make economic instruments more acceptable, such as public budget neutrality and compensation strategies, are explored. A comparison of different instruments based on environmental effectiveness, cost-efficiency, equity, and feasibility is presented. The lecture concludes with practical policy questions and the benefits of using a mix of instruments to enhance effectiveness and coherence.

Instructor

Philippe Thalmann

Philippe Thalmann was born in Lausanne in 1963. He graduated in Economics from the University of Lausanne in 1984, where he earned a postgraduate diploma in Economics in 1986. Mr. Thalmann entered the doctoral program in Economics of Harvard University (Cambridge, U.S.A.) in 1986, which he completed with a Ph.D. in 1990. His dissertation is entitled: "Essays in the Economics of Government Revenues and Spending". Returning to Switzerland, he was hired as an assistant professor first at the University of Geneva (teachings in Public Economics), then at the University of Lausanne (teachings in Econometrics and Introductory Economics). Since 1994, Mr. Thalmann is associate professor of Economics as the Swiss Federal Institute of Technology at Lausanne.

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