Economics of Pollution Trading for SO2 and NOx
Author
Suggested Citation
Download full text from publisher
Other versions of this item:
- Burtraw, Dallas & Evans, David A. & Krupnick, Alan J. & Palmer, Karen L. & Toth, Russell, 2005. "Economics of Pollution Trading for SO2 and NOx," Discussion Papers 10488, Resources for the Future.
References listed on IDEAS
- Burtraw, Dallas, 2000.
"Innovation Under the Tradable Sulfur Dioxide Emission Permits Program in the U.S. Electricity Sector,"
RFF Working Paper Series
dp-00-38, Resources for the Future.
- Burtraw, Dallas, 2000. "Innovation Under the Tradable Sulfur Dioxide Emission Permits Program in the U.S. Electricity Sector," Discussion Papers 10599, Resources for the Future.
- Martin L. Weitzman, 1974.
"Prices vs. Quantities,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 41(4), pages 477-491.
- M. L. Weitzman, 1973. "Prices vs. Quantities," Working papers 106, Massachusetts Institute of Technology (MIT), Department of Economics.
- Bohi, Douglas R. & Burtraw, Dallas, 1997.
"SO2 Allowance Trading: How Experience and Expectations Measure Up,"
Discussion Papers
10878, Resources for the Future.
- Burtraw, Dallas & Bohi, Douglas, 1997. "SO2 Allowance Trading: How Experience and Expectations Measure Up," RFF Working Paper Series dp-97-24, Resources for the Future.
- Popp, David, 2004. "ENTICE: endogenous technological change in the DICE model of global warming," Journal of Environmental Economics and Management, Elsevier, vol. 48(1), pages 742-768, July.
- Dallas Burtraw & Alan Krupnick & Erin Mansur & David Austin & Deirdre Farrell, 1998. "Costs And Benefits Of Reducing Air Pollutants Related To Acid Rain," Contemporary Economic Policy, Western Economic Association International, vol. 16(4), pages 379-400, October.
- Milliman, Scott R. & Prince, Raymond, 1992. "Firm incentives to promote technological change in pollution control: Reply," Journal of Environmental Economics and Management, Elsevier, vol. 22(3), pages 292-296, May.
- Lawrence H. Goulder & Ian W.H. Parry & Roberton C. Williams III & Dallas Burtraw, 2002.
"The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting,"
Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 27, pages 523-554,
Edward Elgar Publishing.
- Goulder, Lawrence H. & Parry, Ian W. H. & Williams III, Roberton C. & Burtraw, Dallas, 1999. "The cost-effectiveness of alternative instruments for environmental protection in a second-best setting," Journal of Public Economics, Elsevier, vol. 72(3), pages 329-360, June.
- Goulder, Lawrence H. & Parry, Ian W.H. & Williams, Roberton C., III & Burtraw, Dallas, 1998. "The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting," Discussion Papers 10522, Resources for the Future.
- Burtraw, Dallas & Parry, Ian & Goulder, Lawrence & Williams III, Roberton, 1998. "The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting," RFF Working Paper Series dp-98-22, Resources for the Future.
- Lawrence H. Goulder & Ian W. H. Parry & Roberton C. Williams III & Dallas Burtraw, 1998. "The Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting," NBER Working Papers 6464, National Bureau of Economic Research, Inc.
- Winebrake, James J. & Bernstein, Mark A. & Farrell, Alex E., 1995. "Estimating the impacts of restrictions on utility participation in the SO2 allowance market," The Electricity Journal, Elsevier, vol. 8(4), pages 50-54, May.
- David Popp, 2003. "ENTICE: Endogenous Technological Change in the DICE Model of Global Warming," NBER Working Papers 9762, National Bureau of Economic Research, Inc.
- Bellas, Allen S., 1998. "Empirical evidence of advances in scrubber technology," Resource and Energy Economics, Elsevier, vol. 20(4), pages 327-343, December.
- Dallas Burtraw, 1996. "The So2 Emissions Trading Program: Cost Savings Without Allowance Trades," Contemporary Economic Policy, Western Economic Association International, vol. 14(2), pages 79-94, April.
- Palmer, Karen L. & Burtraw, Dallas, 2005.
"The Environmental Impacts of Electricity Restructuring: Looking Back and Looking Forward,"
Discussion Papers
10656, Resources for the Future.
- Burtraw, Dallas & Palmer, Karen, 2005. "The Environmental Impacts of Electricity Restructuring: Looking Back and Looking Forward," RFF Working Paper Series dp-05-07, Resources for the Future.
- Bohi, Douglas R., 1994. "Utilities and state regulators are failing to take advantage of emission allowance trading," The Electricity Journal, Elsevier, vol. 7(2), pages 20-27, March.
- Ellerman, A. Denny & Montero, Juan-Pablo, 1998. "The Declining Trend in Sulfur Dioxide Emissions: Implications for Allowance Prices," Journal of Environmental Economics and Management, Elsevier, vol. 36(1), pages 26-45, July.
- Roberton C. Williams III, 2002.
"Environmental Tax Interactions When Pollution Affects Health or Productivity,"
Chapters, in: Lawrence H. Goulder (ed.), Environmental Policy Making in Economies with Prior Tax Distortions, chapter 13, pages 200-209,
Edward Elgar Publishing.
- Williams, Roberton III, 2002. "Environmental Tax Interactions when Pollution Affects Health or Productivity," Journal of Environmental Economics and Management, Elsevier, vol. 44(2), pages 261-270, September.
- Roberton C. Williams, 2000. "Environmental Tax Interactions When Pollution Affects Health or Productivity," NBER Working Papers 8049, National Bureau of Economic Research, Inc.
- Fischer, Carolyn & Parry, Ian W. H. & Pizer, William A., 2003.
"Instrument choice for environmental protection when technological innovation is endogenous,"
Journal of Environmental Economics and Management, Elsevier, vol. 45(3), pages 523-545, May.
- Fischer, Carolyn & Parry, Ian W.H. & Pizer, William A., 1998. "Instrument Choice for Environmental Protection When Technological Innovation Is Endogenous," Discussion Papers 10812, Resources for the Future.
- Parry, Ian & Pizer, William & Fischer, Carolyn, 1998. "Instrument Choice for Environmental Protection When Technological Innovation is Endogenous," RFF Working Paper Series dp-99-04, Resources for the Future.
- Richard Schmalensee & Paul L. Joskow & A. Denny Ellerman & Juan Pablo Montero & Elizabeth M. Bailey, 1998. "An Interim Evaluation of Sulfur Dioxide Emissions Trading," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 53-68, Summer.
- David Popp, 2003. "Pollution control innovations and the Clean Air Act of 1990," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 22(4), pages 641-660.
- Lawrence H. Goulder & Roberton C. Williams III, 2003. "The Substantial Bias from Ignoring General Equilibrium Effects in Estimating Excess Burden, and a Practical Solution," Journal of Political Economy, University of Chicago Press, vol. 111(4), pages 898-927, August.
- Arimura, Toshi H., 2002. "An Empirical Study of the SO2 Allowance Market: Effects of PUC Regulations," Journal of Environmental Economics and Management, Elsevier, vol. 44(2), pages 271-289, September.
- Downing, Paul B. & White, Lawrence J., 1986. "Innovation in pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 13(1), pages 18-29, March.
- Burtraw, Dallas & Palmer, Karen & Bharvirkar, Ranjit & Paul, Anthony, 2002.
"The Effect on Asset Values of the Allocation of Carbon Dioxide Emission Allowances,"
The Electricity Journal, Elsevier, vol. 15(5), pages 51-62, June.
- Burtraw, Dallas & Palmer, Karen & Bharvirkar, Ranjit & Paul, Anthony, 2002. "The Effect on Asset Values of the Allocation of Carbon Dioxide Emission Allowances," RFF Working Paper Series dp-02-15-, Resources for the Future.
- Burtraw, Dallas & Palmer, Karen L. & Bharvirkar, Ranjit & Paul, Anthony, 2002. "The Effect on Asset Values of the Allocation of Carbon Dioxide Emission Allowances," Discussion Papers 10705, Resources for the Future.
- Unknown, 2005. "Forward," 2005 Conference: Slovenia in the EU - Challenges for Agriculture, Food Science and Rural Affairs, November 10-11, 2005, Moravske Toplice, Slovenia 183804, Slovenian Association of Agricultural Economists (DAES).
- Pizer, William A., 2002. "Combining price and quantity controls to mitigate global climate change," Journal of Public Economics, Elsevier, vol. 85(3), pages 409-434, September.
- Juan-Pablo Montero, 1999. "Voluntary Compliance with Market-Based Environmental Policy: Evidence from the U.S. Acid Rain Program," Journal of Political Economy, University of Chicago Press, vol. 107(5), pages 998-1033, October.
- Ellerman,A. Denny & Joskow,Paul L. & Schmalensee,Richard & Montero,Juan-Pablo & Bailey,Elizabeth M., 2005.
"Markets for Clean Air,"
Cambridge Books,
Cambridge University Press, number 9780521023894, September.
- Ellerman,A. Denny & Joskow,Paul L. & Schmalensee,Richard & Montero,Juan-Pablo & Bailey,Elizabeth M., 2000. "Markets for Clean Air," Cambridge Books, Cambridge University Press, number 9780521660839.
- Bohi, Douglas R. & Burtraw, Dallas, 1997. "SO2 allowance trading: How do expectations and experience measure up?," The Electricity Journal, Elsevier, vol. 10(7), pages 67-75.
- Unknown, 2001. "General Discussion," Proceedings of the 6th Agricultural and Food Policy Systems Information Workshop, 2000: Trade Liberalization Under NAFTA: Report Card on Agriculture 16839, Farm Foundation, Agricultural and Food Policy Systems Information Workshops.
- Milliman, Scott R. & Prince, Raymond, 1989. "Firm incentives to promote technological change in pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 17(3), pages 247-265, November.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Burtraw, Dallas & Szambelan, Sarah Jo, 2009. "U.S. Emissions Trading Markets for SO2 and NOx," RFF Working Paper Series dp-09-40, Resources for the Future.
- Revesz, Richard & Stavins, Robert, 2004.
"Environmental Law and Policy,"
Working Paper Series
rwp04-023, Harvard University, John F. Kennedy School of Government.
- Richard L. Revesz & Robert Stavins, 2007. "Environmental Law and Policy," NBER Working Papers 13575, National Bureau of Economic Research, Inc.
- Stavins, Robert, 2003.
"Market-Based Environmental Policies: What Can We Learn from U.S. Experience and Related Research?,"
Working Paper Series
rwp03-031, Harvard University, John F. Kennedy School of Government.
- Stavins, Robert N., 2003. "Market-Based Environmental Policies: What Can We Learn from U.S. Experience (and Related Research)?," Discussion Papers 10726, Resources for the Future.
- Stavins, Robert, 2003. "Market-Based Environmental Policies: What Can We Learn from U.S. Experience (and Related Research)?," RFF Working Paper Series dp-03-43, Resources for the Future.
- Burtraw, Dallas & Palmer, Karen L., 2003.
"The Paparazzi Take a Look at a Living Legend: The SO2 Cap-and-Trade Program for Power Plants in the United States,"
Discussion Papers
10665, Resources for the Future.
- Burtraw, Dallas & Palmer, Karen, 2003. "The Paparazzi Take a Look at a Living Legend: The SO2 Cap-and-Trade Program for Power Plants in the United States," RFF Working Paper Series dp-03-15, Resources for the Future.
- Stavins, Robert, 2001.
"Lessons From the American Experiment With Market-Based Environmental Policies,"
RFF Working Paper Series
dp-01-53, Resources for the Future.
- Stavins, Robert N., 2001. "Lessons From the American Experiment With Market-Based Environmental Policies," Discussion Papers 10589, Resources for the Future.
- Stavins, Robert, 2001. "Lessons from the American Experiment with Market-Based Environmental Policies," Working Paper Series rwp01-032, Harvard University, John F. Kennedy School of Government.
- Stavins, Robert N., 2003.
"Experience with market-based environmental policy instruments,"
Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 9, pages 355-435,
Elsevier.
- Stavins, Robert, 2000. "Experience with Market-Based Environmental Policy Instruments," Working Paper Series rwp00-004, Harvard University, John F. Kennedy School of Government.
- Stavins, Robert N., 2001. "Experience with Market-Based Environmental Policy Instruments," Discussion Papers 10909, Resources for the Future.
- Stavins, Robert, 2001. "Experience with Market-Based Environmental Policy Instruments," RFF Working Paper Series dp-01-58, Resources for the Future.
- Burtraw, Dallas, 2000.
"Innovation Under the Tradable Sulfur Dioxide Emission Permits Program in the U.S. Electricity Sector,"
RFF Working Paper Series
dp-00-38, Resources for the Future.
- Burtraw, Dallas, 2000. "Innovation Under the Tradable Sulfur Dioxide Emission Permits Program in the U.S. Electricity Sector," Discussion Papers 10599, Resources for the Future.
- Popp, David & Newell, Richard G. & Jaffe, Adam B., 2010.
"Energy, the Environment, and Technological Change,"
Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 873-937,
Elsevier.
- David Popp & Richard G. Newell & Adam B. Jaffe, 2009. "Energy, the Environment, and Technological Change," NBER Working Papers 14832, National Bureau of Economic Research, Inc.
- Olivier Rousse & Benoît Sévi, 2005. "Behavioral Heterogeneity in the US Sulfur Dioxide Emissions Allowance Trading Program," ERSA conference papers ersa05p550, European Regional Science Association.
- Richard Schmalensee & Robert N. Stavins, 2013.
"The SO 2 Allowance Trading System: The Ironic History of a Grand Policy Experiment,"
Journal of Economic Perspectives, American Economic Association, vol. 27(1), pages 103-122, Winter.
- Richard Schmalensee & Robert Stavins, 2012. "The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment," NBER Working Papers 18306, National Bureau of Economic Research, Inc.
- Richard Schmalensee & Robert N. Stavins, 2012. "The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment," Working Papers 2012.60, Fondazione Eni Enrico Mattei.
- Schmalensee, Richard & Stavins, Robert N., 2012. "The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment," Climate Change and Sustainable Development 138502, Fondazione Eni Enrico Mattei (FEEM).
- Schmalensee, Richard & Stavins, Robert N., 2012. "The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment," Working Paper Series rwp12-030, Harvard University, John F. Kennedy School of Government.
- Stavins, Robert Norman & Schmalensee, Richard, 2012. "The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment," Scholarly Articles 9368024, Harvard Kennedy School of Government.
- Holland, Stephen P. & Moore, Michael R., 2013.
"Market design in cap and trade programs: Permit validity and compliance timing,"
Journal of Environmental Economics and Management, Elsevier, vol. 66(3), pages 671-687.
- Stephen P. Holland & Michael R. Moore, 2012. "Market Design in Cap and Trade Programs: Permit Validity and Compliance Timing," NBER Working Papers 18098, National Bureau of Economic Research, Inc.
- Stavins, Robert & Jaffe, Adam & Newell, Richard, 2000.
"Technological Change and the Environment,"
Working Paper Series
rwp00-002, Harvard University, John F. Kennedy School of Government.
- Jaffe, Adam B. & Newell, Richard G. & Stavins, Robert N., 2001. "Technological Change and the Environment," Discussion Papers 10566, Resources for the Future.
- Stavins, Robert & Jaffe, Adam & Newell, Richard, 2000. "Technological Change and the Environment," RFF Working Paper Series dp-00-47, Resources for the Future.
- Adam B. Jaffe & Richard G. Newell & Robert N. Stavins, 2000. "Technological Change and the Environment," NBER Working Papers 7970, National Bureau of Economic Research, Inc.
- Stavins, Robert, 2004.
"Environmental Economics,"
RFF Working Paper Series
dp-04-54, Resources for the Future.
- Robert N. Stavins, 2007. "Environmental Economics," NBER Working Papers 13574, National Bureau of Economic Research, Inc.
- Stavins, Robert, 2004. "Environmental Economics," Working Paper Series rwp04-051, Harvard University, John F. Kennedy School of Government.
- Stavins, Robert N., 2004. "Environmental Economics," Discussion Papers 10841, Resources for the Future.
- Stowe, Robert C & Stavins, Robert Norman & Chan, Gabriel Angelo & Sweeney, Richard Leonard, 2012.
"The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation,"
Scholarly Articles
8160721, Harvard Kennedy School of Government.
- Gabriel Chan & Robert Stavins & Robert Stowe & Richard Sweeney, 2012. "The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation," NBER Working Papers 17845, National Bureau of Economic Research, Inc.
- Chan, Gabriel & Stavins, Robert & Stowe, Robert & Sweeney, Richard, 2012. "The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation," Working Paper Series rwp12-003, Harvard University, John F. Kennedy School of Government.
- Chan, Gabriel & Stavins, Robert N. & Stowe, Robert & Sweeney, Richard, 2012. "The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation," Climate Change and Sustainable Development 121722, Fondazione Eni Enrico Mattei (FEEM).
- Gabriel Chan & Robert Stavins & Robert Stowe & Richard Sweeney, 2012. "The SO2 Allowance Trading System and the Clean Air Act Amendments of 1990: Reflections on Twenty Years of Policy Innovation," Working Papers 2012.06, Fondazione Eni Enrico Mattei.
- Robert N. Stavins, 1998. "What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 69-88, Summer.
- Gagelmann, Frank, 2003. "E.T. and innovation - science fiction or reality? An assessment of the impact of emissions trading on innovation," UFZ Discussion Papers 13/2003, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
- Jaffe, Adam B. & Newell, Richard G. & Stavins, Robert N., 2003. "Chapter 11 Technological change and the environment," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 1, chapter 11, pages 461-516, Elsevier.
- Zhang, Hui & Cao, Libin & Zhang, Bing, 2017. "Emissions trading and technology adoption: An adaptive agent-based analysis of thermal power plants in China," Resources, Conservation & Recycling, Elsevier, vol. 121(C), pages 23-32.
- Lehmann, Paul, 2010.
"Combining emissions trading and emissions taxes in a multi-objective world,"
UFZ Discussion Papers
4/2010, Helmholtz Centre for Environmental Research (UFZ), Division of Social Sciences (ÖKUS).
- Lehmann, Paul, 2010. "Combining emissions trading and emissions taxes in a multi-objective world," MPRA Paper 22544, University Library of Munich, Germany.
- Margaret Insley, 2003.
"On the option to invest in pollution control under a regime of tradable emissions allowances,"
Canadian Journal of Economics, Canadian Economics Association, vol. 36(4), pages 860-883, November.
- Margaret C. Insley, 2003. "On the option to invest in pollution control under a regime of tradable emissions allowances," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 36(4), pages 860-883, November.
- Margaret Insley, 2002. "On the option to invest in pollution control under a regime of tradable emissions allowances," Working Papers 02008, University of Waterloo, Department of Economics, revised Jan 2002.
More about this item
Keywords
sulfur dioxide; nitrogen oxides; emission trading; power plants; air pollution;All these keywords.
JEL classification:
- H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- Q25 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Water
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2006-01-24 (Energy Economics)
- NEP-ENV-2006-01-24 (Environmental Economics)
- NEP-PBE-2006-01-24 (Public Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rff:dpaper:dp-05-05. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Resources for the Future (email available below). General contact details of provider: https://edirc.repec.org/data/rffffus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.