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Trading Sulphur Emissions Under the Second Sulphur Protocol

Author

Listed:
  • Forsund, F.R.
  • Naevdal, E.

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.

Suggested Citation

  • Forsund, F.R. & Naevdal, E., 1997. "Trading Sulphur Emissions Under the Second Sulphur Protocol," Memorandum 1997_019, Oslo University, Department of Economics.
    • Handle: RePEc:hhs:osloec:1997_019
    as

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    More about this item

    Keywords

    POLLUTION ; ENVIRONMENT ; SULPHUR;
    All these keywords.

    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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