A glance at any newspaper will confirm that environmental economics is now a major player in environmental policy. Concepts seperti cap-and-trade, renewable portofolio standards, block pricing, renewable energy credits, development impact fees, conservation easements, carbon trading, the commons , congestion pricing, corporate average fuel economy standards, pay-as-you-throw, debt-for-nature

swaps, extended producer responsibility, sprawl, leapfrogging, pollution Havens, strategic petroleum reserves, and sustainable development have moved from the textbook to the legislative hearing room. As the large number of current examples in Environmental & Natural Resource Economicsdemonstrates, ideas that were once restricted to academic discussions are now not only part of the policy mix, but they are making a significant difference as well.

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