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The Internalisation of External Costs in Transport: From the Polluter Pays to the Cheapest Cost Avoider Principle

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Academic year: 2021

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Table 1-1 External cost from noise – a simple stylised example Speed Benefit to
Table 1-2 External cost from noise with mitigation efforts Speed Benefit to driver Harm to resident if
Table 1-4 The notion of external costs in the CE study
Table 1-5 : Unit costs (€ct/vehicle km) of road transport and difference between minimum and maximum value estimates, CE data
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Outline

The CE study is based on a flawed notion of external costs The CE study lacks a coherent framework assessing external costs The CE study lacks a coherent framework for internalisation Coase versus Pigou Paradigm shift The logic of the cheapest cost avoider principle Comparative Institutions: the polluter pays principle Comparative Institutions: concerns about the application of the cheapest cost avoider principle The case of the missing A Conclusions

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