The invisible hand's green thumb market-based instruments for environmental protection in Alberta

Stirrett, Shawna. (Author). Rolfe, Robbie. (Added Author). Shewchuk, Stephanie. (Added Author). Canada West Foundation (Added Author). Canadian Electronic Library (Firm) (Added Author).

Summary: Alberta has a long history of land use planning and is one of the few provinces in Canada to experiment - and make legislative room for - market-based instruments. This raises two questions of interest to the policy community: 1) to what extent have these policy developments influenced the use of market-based solutions in Alberta; and 2) what can be learned from these efforts to introduce market-based instruments in the province? In order to answer these questions, three case studies of market-based instruments in Alberta were examined: a Transfer of Development Credits (TDC) program in the Beaver Hills area, located just east of Edmonton; an emissions trading program that operates province-wide; and a program that pays farmers in the County of Vermilion River to restore and/or preserve ecologically important areas on their farmland. Each of these case studies provides critical lessons about implementing MBIs and the role of supportive public policy.

Record details

ISBN: 9781897423899 (print)
ISBN: 1897423899 (print)
Physical Description: electronic resource
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1 electronic text (47 p.) : col. ill., digital file.
Publisher: Calgary, Alta. : Canada West Foundation, c2012

Content descriptions

General Note:	"January 2012." Issued as part of the desLibris documents collection.
Bibliography, etc. Note:	Includes bibliographical references (p. 45-46).
Formatted Contents Note:	Executive summary -- Introduction -- Methodology-- What are market-based instruments? Price-based instruments ; Rights-based instruments -- Market friction -- Policy developments in Alberta relating to MBIs. History of land use planning in Alberta ; Development of the land use framework ; Alberta Land stewardship Act -- Case studies. Managing development and conservation in the Beaver Hills area ; Alberta's emissions management market ; Alternative land use services in the County of Vermilion River -- Lessons learned. A clear problem ; Community support ; Need for balance ; Complexity ; Flexibility is key ; Subject to market forces ; Transparency -- Public policy landmines. Level of government ; Tolerance of failure ; Financial incentives for moral behaviour -- Public policy recommendations. Create a framework for success ; Promote MBIs in the province -- Conclusion -- Bibliography -- Appendix A: Interview participants.
System Details Note:	Mode of access: World Wide Web.