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Markets for Clean Air

Name: Markets for Clean Air
Brand: Cambridge University Press
SKU: 02018424
Price: 27369 HUF
Availability: InStock
Author: A. Denny EllermanPaul L. JoskowRichard SchmalenseeJuan-Pablo Montero
ISBN: 9780521023894

The U.S. Acid Rain Program

A. Denny EllermanPaul L. JoskowRichard SchmalenseeJuan-Pablo Montero

Language

English

Book Paperback

Libristo code: 02018424

Publishers Cambridge University Press, November 2005

A comprehensive description and evaluation of the first three years of the U.S. Acid Rain Program. T... Full description

Libristo code: 02018424

183 b

27 369 Ft

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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.