Markets for Clean Air

The U.S. Acid Rain Program

AvA. Denny Ellerman,Paul L. Joskow

Häftad, Engelska, 2005

761 kr

Beställningsvara. Skickas inom 11-20 vardagar. Fri frakt över 249 kr.

Fler format och utgåvor

Inbunden

1 194 kr

Beskrivning

A comprehensive description and evaluation of the first three years of the U.S. Acid Rain Program. This environmental control program is the world's first large-scale use of a tradeable emission permit system for achieving environmental goals. The book analyzes the behavior and performance of the market for emissions permits, known as allowances, and quantifies emission reductions, compliance costs, and cost savings associated with the trading program. The book also includes chapters on the historical context in which this pioneering program developed and the political economy of allowance allocations. Finally, the book discusses the program's successes, its weaknesses, and the lesson learned regarding application of the emissions-trading approach to controlling other types of emissions, including greenhouse gases. The volume is an indispensable addition to the library of all interested in the application of marker principles for meeting environmental goals.

Produktinformation

Utgivningsdatum:2005-11-17
Mått:155 x 230 x 25 mm
Vikt:595 g
Format:Häftad
Språk:Engelska
Antal sidor:388
Förlag:Cambridge University Press
ISBN:9780521023894

Utforska kategorier

Miljöekonomi inom Ekonomi och Ledarskap

Recensioner i media

"This book provides important evidence in support of Dales' statement by thoroughly examining the first several years of the U.S. acid rain program. Markets for Clean Air is the definitive text on the U.S. acid rain program. The authors' analysis is careful and convincing. Both scholars and policy-makers will have a better sense of the virtues and pitfalls of market-based regulation after reading this book." Peter Cramton, Journal of Economic Literature

Innehållsförteckning

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.