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Trading Sulphur Emissions Under the Second Sulphur Protocol

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Author Info
Forsund, F.R.
Naevdal, E.

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Abstract

In the case emission of non-uniformly dispersed pollutants such as SO2 the negative effects depend on the location of the sources. A unit increase at one source must be compensated by either a lareg or smaller reduction at another source to keep the negative effects at the same level. Such trade ratios are referred to as exchange rates. Emission trading between countries is possible under the Second Sulphur Protocol. Exchange rate trading and third party problems are studied within a simultanous model facilitating impositions of various environmental constraints.

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Publisher Info
Paper provided by Oslo University, Department of Economics in its series Memorandum with number 19/1997.

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Length: 33 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:hhs:osloec:1997_019

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Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway
Phone: 22 85 51 27
Fax: 22 85 50 35
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Web page: http://www.oekonomi.uio.no/indexe.html
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Related research
Keywords: POLLUTION ; ENVIRONMENT ; SULPHUR;

Find related papers by JEL classification:
Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy

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This page was last updated on 2009-11-26.

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