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Provedor de dados:  AgEcon
País:  United States
Título:  Nutrient Trading, the Flush Tax, and Maryland's Nitrogen Emissions to the Chesapeake Bay
Autores:  Hanson, James C.
McConnell, Kenneth E.
Data:  2008-02-24
Ano:  2007
Palavras-chave:  Chesapeake Bay
Cover crops
Nitrogen abatement
Nutrient trading
Sewage treatment plants
Trading ratios
Water pollution
Environmental Economics and Policy
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.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  26530

http://purl.umn.edu/7343
Relação:  University of Maryland>Department of Agricultural and Resource Economics>Working Papers
Working Paper
WP 07-03
Formato:  19
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