The extensive use of tax and direct expenditures over fiscal and market instruments in environmental policy

Abstract

This chapter provides a general overview of the coverage of the book. It sets the stage for the issues and analysis that will be examined in this book by outlining the extent to which the use of spending instruments has prevailed in environmental policy when compared with market-based instruments. It also outlines the key themes and issues that will be examined in the book and explains the approach that will be adopted in carrying out the analysis.