Markets for Clean Air: The U.S. Acid Rain Program

Markets for Clean Air: The U.S. Acid Rain Program

by A. Denny Ellerman, Paul L. Joskow, Richard Schmalensee, Juan-Pablo Montero
     
 

Comprehensive description and evaluation of the first three years' of the U.S. Acid Rain Program.See more details below

Overview

Comprehensive description and evaluation of the first three years' of the U.S. Acid Rain Program.

Product Details

ISBN-13:
9780521023894
Publisher:
Cambridge University Press
Publication date:
11/17/2005
Pages:
388
Product dimensions:
5.98(w) x 8.98(h) x 0.87(d)

Table of Contents

List of illustrations; List of tables; Authors; Preface; Acknowledgments; 1. A market-based experiment; 2. A political history of Federal Acid Rain Legislation; 3. The political economy of allowance allocations; 4. The pre-1995 trend in SO2 emissions; 5. Title IV compliance and Emission reductions, 1995–97; 6. Emissions trading: the effect on abatement behavior; 7. Emissions trading: development of the allowance market; 8. Title IV's voluntary compliance program; 9. The cost of compliance with the Title IV in Phase I; 10. Cost savings from emissions trading; 11. Errors, imperfections, and allowance prices; 12. Concluding observations.

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