New Environmental Policy Instruments in the European Union

’For many years, the environmental wing of the economics profession has been deepening its theoretical analysis of economic instruments for environmental protection. However, the practical analysis of these same instruments has remained somewhat neglected. Ian Bailey has now provided a thorough and insightful analysis of the practical operation of such instruments. In so doing, he advances our understanding of this aspect of environmental policy from textbook theory through policy formulation and operation. Along the way, many lessons are learned that will be of great interest to all with an interest in both environmental policy and, more generally, public policy formulation.’ Dr Alan Barrett, Economic and Social Research Institute, Ireland ’This book is useful for those interested in the development of EU environmental policy and the implementation of economic instruments in doing so...This book is of great interest to policy-makers, environmentalists, and...the packaging industry...it is well organized, easy to consult...’ International Journal of Environment and Pollution ’...well-researched and carefully analysed case studies...the book is very well structured and academically crafted...this book makes a significant contribution in reality-checking the rationalist arguments made in the burgeoning environmental economics literature, and provides readers with a useful introduction to EU institutions and processes.’ The European Legacy