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Provedor de dados:  AgEcon
País:  United States
Título:  Simulated Trading for Maryland's Nitrogen Loadings in the Chesapeake Bay
Autores:  Hanson, James C.
McConnell, Kenneth E.
Data:  2008-12-04
Ano:  2008
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 a market by trading high-cost upgrades of sewage treatment plants for low-cost winter cover crops. Under an optimistic assumption about costs for non-point sources and naïve assumptions about the lag from planting cover crops to changes in nitrogen load, we calculate that 100 percent of abatement could be achieved at 56 percent of total costs, while in a pessimistic scenario, 100 percent of abatement could be could be achieved at 83 percent of total costs.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  http://purl.umn.edu/45669
Relação:  Agricultural and Resource Economics Review>Volume 37, Number 2, October 2008
Formato:  16
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