Regulatory Choice with Pollution and Innovation
    Published Date 
  
  
    Copyright 2012
  
  
    ISBN 9780226269146
  
 
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      Copy CitationCharles D. Kolstad, The Design and Implementation of US Climate Policy (University of Chicago Press, 2011), chap. 4, https://www.nber.org/books-and-chapters/design-and-implementation-us-climate-policy/regulatory-choice-pollution-and-innovation.
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      This paper develops a simple model of a polluting industry and an innovating firm.  The polluting industry is faced...