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Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/19841

Title: Innovative market-based policy instruments for waste management: A case study on shredder residues in Belgium
Authors: Dubois, Maarten
Hoogmartens, Rob
Van Passel, Steven
Van Acker, Karel
Vanderreydt, Ive
Issue Date: 2015
Citation: WASTE MANAGEMENT & RESEARCH, 33 (10), p. 886-893
Abstract: In an increasingly complex waste market, market-based policy instruments, such as disposal taxes, can give incentives for sustainable progress while leaving flexibility for innovation. However, implementation of disposal taxes is often criticised by domestic waste handlers that fear to be outcompeted by competitors in other countries. The article discusses three innovative market-based instruments that limit the impact on international competitiveness: Tradable recycling credits, refunded disposal taxes and differentiated disposal taxes. All three instruments have already been implemented for distinct environmental policies in Europe. In order to illustrate how these instruments can be used for waste policy, the literature review is complemented with a case study on shredder residues from metal-containing waste streams in Belgium. The analysis shows that a conventional disposal tax remains the most efficient, simple and transparent instrument. However, if international competition is a significant issue or if political support is weak, refunded and differentiated disposal taxes can have an added value as second-best instruments. Tradable recycling credits are not an appropriate instrument for use in small waste markets with market power. In addition, refunded taxes create similar incentives, but induce lower transactions costs.
Notes: [Dubois, Maarten; Hoogmartens, Rob; Van Acker, Karel] Katholieke Univ Leuven, Policy Res Ctr Sustainable Mat, B-3001 Leuven, Belgium. [Hoogmartens, Rob; Van Passel, Steven] Hasselt Univ, Ctr Environm Sci, Diepenbeek, Belgium. [Vanderreydt, Ive] Vlaamse Instelling Technol Onderzoek, B-2400 Mol, Belgium.
URI: http://hdl.handle.net/1942/19841
DOI: 10.1177/0734242X15600053
ISI #: 000361818000004
ISSN: 0734-242X
Category: A1
Type: Journal Contribution
Validation: ecoom, 2016
Appears in Collections: Research publications

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