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

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

Editorial Reviews
Book Description
Markets for Clean Air provides a comprehensive, in-depth description and evaluation of the first three years' experience with the U.S. Acid Rain Program. This environmental control program is the world's first large-scale use of a tradable emission permit system for achieving environmental goals. The book analyzes the behavior and performance of the market for emissions permits, called allowances in the Acid Rain Program, 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.

Markets for Clean Air : The U.S. Acid Rain Program,Paul L. Joskow,A. Denny Ellerman,Richard Schmalensee,Juan-Pablo Montero,Elizabeth M. Bailey,Paul L. Joskow,Cambridge University Press,0521660831,Acid Deposition (Environmental Aspects),Acid rain,Air quality management,Business & Economics,Business/Economics,Economics - General,Emissions trading,Environmental Conservation & Protection - General,Environmental Engineering & Technology,Environmental Science,Environmental Studies,Environmental aspects,Government policy,Pollution (Economic Aspects),Public Policy - General,United States,Business & Economics / Economics / General,Chemical pollution,Emissions trading--United States,Environmental economics,USA

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