Economic Implications of Emissions Trading Rules for Local and Regional Pollutants
AbstractIn 1975 the United States Environmental Protection Agency initiated an historic process of regulatory reform, now known as the Emissions Trading Program. For nonuniformly-mixed pollutants, such as sulfur dioxides, air quality is a function not only of the level of emissions, but their location and stack heights as well. The focus of this paper is how to protect local air quality and limit long-range pollutant deposition caused by emission trades, while allowing as much cost-reducing trading activity as possible. The authors examine the implications of two trading rules in two different airsheds using programming simulation models. They find that the use of either trading rule represents a substantial improvement over relying exclusively on the current allocation of control responsibility.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Canadian Economics Association in its journal Canadian Journal of Economics.
Volume (Year): 20 (1987)
Issue (Month): 2 (May)
Contact details of provider:
Postal: Canadian Economics Association Prof. Steven Ambler, Secretary-Treasurer c/o Olivier Lebert, CEA/CJE/CPP Office C.P. 35006, 1221 Fleury Est Montréal, Québec, Canada H2C 3K4
Web page: http://economics.ca/cje/
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Henderson, J Vernon, 1996.
"Effects of Air Quality Regulation,"
American Economic Review,
American Economic Association, vol. 86(4), pages 789-813, September.
- Denise Mauzerall & Babar Sultan & Namsoug Kim & David F. Bradford, 2004.
"Charging NOx Emitters for Health Damages: An Exploratory Analysis,"
NBER Working Papers
10824, National Bureau of Economic Research, Inc.
- Denise L. Mauzeral & Babar Sultan & Namsoug Kim & David F. Bradford, 2004. "Charging NOx Emitters for Health Damages: An Exploratory Analysis," Working Papers 99, Princeton University, Department of Economics, Center for Economic Policy Studies..
- B.S., Min, 2001. "Regional cooperation for control of transboundary air pollution in East Asia," Journal of Asian Economics, Elsevier, vol. 12(1), pages 137-153.
- Cansino, José M. & Pablo-Romero, María del P. & Román, Rocío & Yñiguez, Rocío, 2010. "Tax incentives to promote green electricity: An overview of EU-27 countries," Energy Policy, Elsevier, vol. 38(10), pages 6000-6008, October.
- David Letson, 1992. "Investment decisions and transferable discharge permits: An empirical study of water quality management under policy uncertainty," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 2(5), pages 441-458, September.
- R. Devlin & R. Grafton, 1994.
"Tradeable permits, missing markets, and technology,"
Environmental & Resource Economics,
European Association of Environmental and Resource Economists, vol. 4(2), pages 171-186, April.
- Devlin, R.A. & Grafton, R.Q., 1993. "Tradeable Permits, Missing Markets, and Technology," Working Papers 9301e, University of Ottawa, Department of Economics.
- Krysiak, Frank C. & Schweitzer, Patrick, 2010. "The optimal size of a permit market," Journal of Environmental Economics and Management, Elsevier, vol. 60(2), pages 133-143, September.
- Glenn Jenkins & RANJIT LAMECH, 1992. "Market-Based Incentive Instruments For Pollution Control," Development Discussion Papers 1992-02, JDI Executive Programs.
- Heister, Johannes & Michelis, Peter, 1991. "Designing markets for CO 2 emissions and other pollutants," Kiel Working Papers 490, Kiel Institute for the World Economy.
- Van der Straeten, Bart & Buysse, Jeroen & Nolte, Stephan & Lauwers, Ludwig H. & Claeys, Dakerlia & Van Huylenbroeck, Guido, 2011. "Policy intervention in a concentration permit market: efficiency analysis of obligatory manure processing in Flanders," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114832, European Association of Agricultural Economists.
- der Straeten, Bart Van & Buysse, Jeroen & Nolte, Stephan & Lauwers, Ludwig & Claeys, Dakerlia & Van Huylenbroeck, Guido, 2011. "Markets of concentration permits: The case of manure policy," Ecological Economics, Elsevier, vol. 70(11), pages 2098-2104, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Prof. Werner Antweiler).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.