Dear students! Three things again:The ¡­

Dear students! Three things again:

• The next lecture is in Seminarrom 830, 8. etasje, Eilert Sundt hus.

• In preparation for that lecture 4, I'd like you to look at the table criteria for control instruments and think about how you would rank them, and why. Come up with examples how the ranking differs with different pollution problems.

• Also in preparation for that lecture, think about how to set up and derive the firm's first-order-condition 1.) under no regulation, 2.) given a fixed cap, 3.) facing a tax, 4.) facing a subsidy, and 5.) given a tradable permit.

Best, Florian