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<ul><li>Traditional Regulation </li></ul><ul><ul><li>Performance Standards </li></ul></ul><ul><ul><li>Work Practice Standa...
<ul><li>Induced Innovation Hypothesis: Expensive Innovation not Encouraged by Minimizing Short-Term Costs </li></ul><ul><l...
<ul><li>Pollution Prevention-RCRA </li></ul><ul><li>Advanced Technology: </li></ul><ul><ul><li>Feed-in Tariffs </li></ul><...
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David Driesen Presentation - The Porter Hypothesis at 20: Can Environmental Regulation Enhance Innovation and Competitiveness? June 2010

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Sesssion 2: Effect of Regulatory Instrument Choice
David Driesen

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David Driesen Presentation - The Porter Hypothesis at 20: Can Environmental Regulation Enhance Innovation and Competitiveness? June 2010

  1. 2. <ul><li>Traditional Regulation </li></ul><ul><ul><li>Performance Standards </li></ul></ul><ul><ul><li>Work Practice Standards </li></ul></ul><ul><li>“ Market-Based” Instruments. </li></ul><ul><ul><li>Quantitative: Environmental Benefit Trading </li></ul></ul><ul><ul><li>Price: </li></ul></ul><ul><ul><ul><li>Negative: Taxes </li></ul></ul></ul><ul><ul><ul><li>Positive: Subsidies </li></ul></ul></ul><ul><ul><ul><li>Negative Funding Positive </li></ul></ul></ul><ul><ul><li>Information </li></ul></ul>
  2. 3. <ul><li>Induced Innovation Hypothesis: Expensive Innovation not Encouraged by Minimizing Short-Term Costs </li></ul><ul><li>Compliance Flexibility Facilitates Tweaks, not Basic Technological Change. </li></ul>
  3. 4. <ul><li>Pollution Prevention-RCRA </li></ul><ul><li>Advanced Technology: </li></ul><ul><ul><li>Feed-in Tariffs </li></ul></ul><ul><ul><li>Fleet Averaging (California LEV) </li></ul></ul><ul><ul><li>Work Practice (French Nuclear) </li></ul></ul><ul><li>Design May be More Important than Instrument. E.g. Carbon Trading. </li></ul>

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