Acid rain program report cites successes

1995 ◽  
Vol 29 (10) ◽  
pp. 454A-454A
Author(s):  
DANIEL SHANNON
Keyword(s):  
Acid Rain ◽  
Acid Rain Program

Learning From an Acid Rain Program

Science ◽  
1991 ◽  
Vol 251 (4999) ◽  
pp. 1302-1305 ◽  
Author(s):  
L. ROBERTS
Keyword(s):  
Acid Rain ◽  
Acid Rain Program

Learning from the Acid Rain Program

Science ◽  
1991 ◽  
Vol 252 (5012) ◽  
pp. 1475-1475 ◽  
Author(s):  
C. BERNABO
Keyword(s):  
Acid Rain ◽  
Acid Rain Program

A fresh look at the benefits and costs of the US acid rain program

2005 ◽  
Vol 77 (3) ◽  
pp. 252-266 ◽  
Author(s):  
Lauraine G. Chestnut ◽  
David M. Mills
Keyword(s):  
Acid Rain ◽  
Acid Rain Program ◽  
The Us ◽  
Benefits And Costs

Acid Rain Program: Mixed Review

Science ◽  
1991 ◽  
Vol 252 (5004) ◽  
pp. 371-371 ◽  
Author(s):  
L. ROBERTS
Keyword(s):  
Acid Rain ◽  
Acid Rain Program

Learning from the Acid Rain Program

Science ◽  
1991 ◽  
Vol 252 (5012) ◽  
pp. 1474-1475 ◽  
Author(s):  
T. F. MALONE
Keyword(s):  
Acid Rain ◽  
Acid Rain Program

A Review of Markets for Clean Air: The U.S. Acid Rain Program by A. Denny Ellerman, Paul L. Joskow, Richard Schmalensee, Juan-Pablo Montero, and Elizabeth M. Bailey

2000 ◽  
Vol 38 (3) ◽  
pp. 627-633 ◽  
Author(s):  
Peter Cramton
Keyword(s):  
Acid Rain ◽  
So2 Emission ◽  
Policy Makers ◽  
Control Approach ◽  
Sulfur Dioxide Emissions ◽  
Acid Rain Program ◽  
Innovative Program ◽  
Clean Air ◽  
And Control ◽  
The U.S

Markets for Clean Air is the definitive text on the U.S. acid rain program. This innovative program uses a cap-and-trade approach, rather than the traditional command-and-control approach, to reduce sulfur dioxide emissions. The authors conclude that the program was successful in cutting the costs of SO2 emission reductions by about half, saving tens of billions of dollars. Both scholars and policy makers will have a better sense of the virtues and pitfalls of market-based regulation after reading this.

scholarly journals An Interim Evaluation of Sulfur Dioxide Emissions Trading

1998 ◽  
Vol 12 (3) ◽  
pp. 53-68 ◽  
Author(s):  
Richard Schmalensee ◽  
Paul L Joskow ◽  
A. Denny Ellerman ◽  
Juan Pablo Montero ◽  
Elizabeth M Bailey
Keyword(s):  
Sulfur Dioxide ◽  
Acid Rain ◽  
Large Scale ◽  
Emissions Trading ◽  
Tradeable Permits ◽  
Abatement Costs ◽  
Sulfur Dioxide Emissions ◽  
Acid Rain Program ◽  
The U.S

This paper summarizes recent empirical research on compliance costs and strategies and on permit market performance under the U.S. acid rain program, the first large-scale, long-term program to use tradeable emissions permits to control pollution. An efficient market for emissions permits developed in a few years, and this program more than achieved its early goals on time, and it cost less than had been projected. Because of expectation errors, however, investment was excessive, and permit prices substantially understate abatement costs. The tradeable permits approach has worked well, but it is not a miracle cure for environmental problems. Coauthors are Paul L. Joskow, A. Denny Ellerman, Juan Pablo Montero, and Elizabeth M. Bailey.

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