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Markets for clean air
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ISBN: 0521660831 0521023890 0511528574 0511836643 9780521660839 9780511528576 9780521023894 Year: 2000 Publisher: Cambridge Cambridge University Press

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Abstract

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.

International environmental agreements and domestic politics: the case of acid rain
Authors: ---
ISBN: 1840143940 Year: 2000 Publisher: Aldershot Ashgate

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