Optimal Environmental Policy for a Mine Under Polluting Waste Rocks and Stock Pollution

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dc.contributor.author Lappi, Pauli Antero
dc.contributor.author Ollikainen, Markku Martti Olavi
dc.date.accessioned 2019-05-23T08:32:01Z
dc.date.available 2021-12-17T22:03:03Z
dc.date.issued 2019-05
dc.identifier.citation Lappi , P A & Ollikainen , M M O 2019 , ' Optimal Environmental Policy for a Mine Under Polluting Waste Rocks and Stock Pollution ' , Environmental and Resource Economics , vol. 73 , no. 1 , pp. 133-158 . https://doi.org/10.1007/s10640-018-0253-9
dc.identifier.other PURE: 106829192
dc.identifier.other PURE UUID: 9e280b56-738d-44df-aa51-654e1a53a96b
dc.identifier.other Scopus: 85046825470
dc.identifier.other WOS: 000466891400007
dc.identifier.other ORCID: /0000-0002-9531-5384/work/57799873
dc.identifier.other ORCID: /0000-0003-3333-4683/work/59443622
dc.identifier.uri http://hdl.handle.net/10138/302028
dc.description.abstract This study analyzes socially optimal environmental policy for a mine with a model that takes into account waste or waste rock production and abatement possibilities of the mine. We develop a model, in which the mine produces an externality related to the waste rocks, such as acid mine drainage. We find that the extraction rate tends to be lower in a mine with higher waste rock production, and that the optimal tax on the waste rock production is strictly increasing in time. We extend the model to incorporate an additional externality in the form of a stock pollutant. We analyze the optimal taxes and show that the typical result that the time path of the tax on the stock pollutant is inverted U-shaped may be lost in a mine model with abatement possibility and fixed operation period. en
dc.format.extent 26
dc.language.iso eng
dc.relation.ispartof Environmental and Resource Economics
dc.rights.uri info:eu-repo/semantics/openAccess
dc.subject 1172 Environmental sciences
dc.subject 511 Economics
dc.subject Emission taxation
dc.subject Exhaustible resources
dc.subject Mining
dc.subject Optimal control
dc.subject Stock pollution
dc.subject Waste rock
dc.subject Q30
dc.subject Q38
dc.subject Q50
dc.subject Q58
dc.subject FOSSIL-FUELS
dc.subject EXTRACTION
dc.subject CAPACITY
dc.subject CHOICE
dc.subject GRADE
dc.subject ORDER
dc.title Optimal Environmental Policy for a Mine Under Polluting Waste Rocks and Stock Pollution en
dc.type Article
dc.contributor.organization Department of Economics and Management
dc.contributor.organization Markku Ollikainen / Principal Investigator
dc.contributor.organization Environmental and Resource Economics
dc.description.reviewstatus Peer reviewed
dc.relation.doi https://doi.org/10.1007/s10640-018-0253-9
dc.relation.issn 0924-6460
dc.rights.accesslevel openAccess
dc.type.version acceptedVersion

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