Data/hora: 16/06/2024 10:56:50

Provedor de dados: | 31
País: | United States
Título: | Economics of Pollution Trading for SO2 and NOx
Autores: | Burtraw,   Dallas; Evans,   David A.; Krupnick,   Alan J.; Palmer,   Karen L.; Toth,   Russell.
Data: | 2005-10-26
Ano: | 2005
Palavras-chave: | Sulfur dioxide; Nitrogen oxides; Emission trading; Power plants; Air pollution; Environmental Economics and Policy; H23; Q25; Q28; D78.
Resumo: | For years economists have urged policymakers to use market-based approaches such as cap-and-trade programs or emission taxes to control pollution. The SO2 allowance market created by Title IV of the 1990 U.S. Clean Air Act Amendments represents the first real test of the wisdom of economists' advice. Subsequent urban and regional applications of NOx emission allowance trading took shape in the 1990s in the United States, culminating in a second large experiment in emission trading in the eastern United States that began in 2003. This paper provides an overview of the economic rationale for emission trading and a description of the major U.S. programs for sulfur dioxide (SO2) and nitrogen oxides (NOx). We evaluate these programs along measures of performance including cost savings, environmental integrity, and incentives for technological innovation. We offer lessons for the design of future programs including, most importantly, those reducing carbon dioxide.
Tipo: | Working or Discussion Paper
Idioma: | Inglês

Identificador:

18671

http://purl.umn.edu/10488

Editor: | AgEcon Search

Relação:

Resources for the Future&gt;Discussion Papers

Discussion Paper 05-05

Formato:

59

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