Registro completo |
Provedor de dados: |
AgEcon
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País: |
United States
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Título: |
Nutrient Trading, the Flush Tax, and Maryland's Nitrogen Emissions to the Chesapeake Bay
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Autores: |
Hanson, James C.
McConnell, Kenneth E.
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Data: |
2008-02-24
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Ano: |
2007
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Palavras-chave: |
Chesapeake Bay
Cover crops
Nitrogen abatement
Nutrient trading
Sewage treatment plants
Trading ratios
Water pollution
Environmental Economics and Policy
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Resumo: |
We investigate nutrient trading for point and non-point sources for the Bay Restoration Fund in Maryland. We demonstrate how to use the proceeds from the tax revenue to mimic trading high-cost upgrades of sewage treatment plants for low-cost winter cover crops. Under an optimistic assumption about costs for non-point sources, we calculate that abatement could be increased by more than 50%, while in a pessimistic scenario, abatement could be increased by 2%. We also explore the role of uncertainty in determining the appropriate trading ratio between point and non-point sources of pollution, showing that the higher uncertainty associated with non-point sources should induce a lower trading ratio.
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Tipo: |
Working or Discussion Paper
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Idioma: |
Inglês
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Identificador: |
26530
http://purl.umn.edu/7343
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Relação: |
University of Maryland>Department of Agricultural and Resource Economics>Working Papers
Working Paper
WP 07-03
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Formato: |
19
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