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The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment

Citations

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. What Happened to the US Sulfur Emissions Market?
    by David Stern in Stochastic Trend on 2012-08-25 06:19:00

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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Cited by:

  1. de Perthuis, Christian & Trotignon, Raphael, 2014. "Governance of CO2 markets: Lessons from the EU ETS," Energy Policy, Elsevier, vol. 75(C), pages 100-106.
  2. Leard, Benjamin & McConnell, Virginia, 2015. "New Markets for Pollution and Energy Efficiency: Credit Trading under Automobile Greenhouse Gas and Fuel Economy StandardsAbstract: Recent changes to the Corporate Average Fuel Economy (CAFE) standard," RFF Working Paper Series dp-15-16, Resources for the Future.
  3. Kumar, Surender & Managi, Shunsuke & Jain, Rakesh Kumar, 2020. "CO2 mitigation policy for Indian thermal power sector: Potential gains from emission trading," Energy Economics, Elsevier, vol. 86(C).
  4. John Chung-En Liu & Yoram Bauman & Yating Chuang, 2019. "Climate Change and Economics 101: Teaching the Greatest Market Failure," Sustainability, MDPI, vol. 11(5), pages 1-12, March.
  5. Carolyn Fischer & Grant D. Jacobsen, 2021. "The Green New Deal And The Future Of Carbon Pricing," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 40(3), pages 988-995, June.
  6. Karpf, Andreas & Mandel, Antoine & Battiston, Stefano, 2018. "Price and network dynamics in the European carbon market," Journal of Economic Behavior & Organization, Elsevier, vol. 153(C), pages 103-122.
  7. Joseph E. Aldy & Maximilian Auffhammer & Maureen Cropper & Arthur Fraas & Richard Morgenstern, 2022. "Looking Back at 50 Years of the Clean Air Act," Journal of Economic Literature, American Economic Association, vol. 60(1), pages 179-232, March.
  8. Chan, Hei Sing (Ron) & Li, Shanjun & Zhang, Fan, 2013. "Firm competitiveness and the European Union emissions trading scheme," Energy Policy, Elsevier, vol. 63(C), pages 1056-1064.
  9. Lecuyer, Oskar & Quirion, Philippe, 2013. "Can uncertainty justify overlapping policy instruments to mitigate emissions?," Ecological Economics, Elsevier, vol. 93(C), pages 177-191.
  10. Yuta Toyama, 2024. "Dynamic Incentives and Permit Market Equilibrium in Cap-and-Trade Regulation," American Economic Journal: Microeconomics, American Economic Association, vol. 16(3), pages 374-423, August.
  11. Joseph Aldy & Matthew J. Kotchen & Mary Evans & Meredith Fowlie & Arik Levinson & Karen Palmer, 2021. "Cobenefits and Regulatory Impact Analysis: Theory and Evidence from Federal Air Quality Regulations," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 2(1), pages 117-156.
  12. Chan, H. Ron & Chupp, B. Andrew & Cropper, Maureen & Muller, Nicholas Z., 2015. "The Net Benefits of the Acid Rain Program: What Can We Learn from the Grand Policy Experiment?," RFF Working Paper Series dp-15-25, Resources for the Future.
  13. Elnaboulsi, J.C. & Daher, W. & Sağlam, Y., 2018. "On the social value of publicly disclosed information and environmental regulation," Resource and Energy Economics, Elsevier, vol. 54(C), pages 1-22.
  14. D’Amato, Alessio & Dijkstra, Bouwe R., 2015. "Technology choice and environmental regulation under asymmetric information," Resource and Energy Economics, Elsevier, vol. 41(C), pages 224-247.
  15. Hancevic, Pedro Ignacio, 2016. "Environmental regulation and productivity: The case of electricity generation under the CAAA-1990," Energy Economics, Elsevier, vol. 60(C), pages 131-143.
  16. Koch, Nicolas & Basse Mama, Houdou, 2019. "Does the EU Emissions Trading System induce investment leakage? Evidence from German multinational firms," Energy Economics, Elsevier, vol. 81(C), pages 479-492.
  17. DeCicca, Philip & Malak, Natalie, 2020. "When good fences aren’t enough: The impact of neighboring air pollution on infant health," Journal of Environmental Economics and Management, Elsevier, vol. 102(C).
  18. Leard, Benjamin & McConnell, Virginia, 2020. "Interpreting Tradable Credit Prices in Overlapping Vehicle Regulations," RFF Working Paper Series 20-07, Resources for the Future.
  19. Acemoglu, Daron & Rafey, Will, 2023. "Mirage on the horizon: Geoengineering and carbon taxation without commitment," Journal of Public Economics, Elsevier, vol. 219(C).
  20. Baudry, Marc & Faure, Anouk & Quemin, Simon, 2021. "Emissions trading with transaction costs," Journal of Environmental Economics and Management, Elsevier, vol. 108(C).
  21. Xiao, Feng & Qian, Zhen (Sean) & Zhang, H. Michael, 2013. "Managing bottleneck congestion with tradable credits," Transportation Research Part B: Methodological, Elsevier, vol. 56(C), pages 1-14.
  22. Chan, H. Ron & Chupp, B. Andrew & Cropper, Maureen L. & Muller, Nicholas Z., 2018. "The impact of trading on the costs and benefits of the Acid Rain Program," Journal of Environmental Economics and Management, Elsevier, vol. 88(C), pages 180-209.
  23. Richard Schmalensee & Robert N. Stavins, 2017. "Lessons Learned from Three Decades of Experience with Cap and Trade," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 11(1), pages 59-79.
  24. Jonathan M. Lee, 2015. "The Impact of Heterogeneous NOx Regulations on Distributed Electricity Generation in U.S. Manufacturing," Working Papers 15-12, Center for Economic Studies, U.S. Census Bureau.
  25. Stavins, Robert, 2019. "The Future of United States Carbon-Pricing Policy," RFF Working Paper Series 19-11, Resources for the Future.
  26. Meleo, Linda, 2014. "On the determinants of industrial competitiveness: The European Union emission trading scheme and the Italian paper industry," Energy Policy, Elsevier, vol. 74(C), pages 535-546.
  27. Hu, Yucai & Li, Ranran & Du, Lei & Ren, Shenggang & Chevallier, Julien, 2022. "Could SO2 and CO2 emissions trading schemes achieve co-benefits of emissions reduction?," Energy Policy, Elsevier, vol. 170(C).
  28. Christopher R. Knittel & Konstantinos Metaxoglou & Andre Trindade, 2015. "Natural Gas Prices and Coal Displacement: Evidence from Electricity Markets," NBER Working Papers 21627, National Bureau of Economic Research, Inc.
  29. He, Wenjian & Wang, Xiaodong & Miao, Miao, 2024. "Network infrastructure and corporate environmental performance: Empirical evidence from “Broadband China”," Energy Economics, Elsevier, vol. 131(C).
  30. Rickard, Amelia & Wagner, Jeffrey & Schull, Jonathan, 2017. "Observations on the technology and economics of digital emissions," Technology in Society, Elsevier, vol. 48(C), pages 28-32.
  31. Yagi, Michiyuki & Hidemichi, Fujii & Hoang, Vincent & Managi, Shunsuke, 2015. "Environmental efficiency of energy, materials, and emissions," MPRA Paper 65358, University Library of Munich, Germany.
  32. Suzi Kerr & Vicki Duscha, 2014. "Going to the Source: Using an Upstream Point of Regulation for Energy in a National Chinese Emissions Trading System," Energy & Environment, , vol. 25(3-4), pages 593-611, April.
  33. Evangelina Dardati & Julio Riutort, 2016. "Cap-and-Trade and Financial Constraints: Is Investment Independent of Permit Holdings?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(4), pages 841-864, December.
  34. Endre Tvinnereim, 2014. "The bears are right: Why cap-and-trade yields greater emission reductions than expected, and what that means for climate policy," Climatic Change, Springer, vol. 127(3), pages 447-461, December.
  35. Richard Schmalensee & Robert N. Stavins, 2019. "Policy Evolution under the Clean Air Act," Journal of Economic Perspectives, American Economic Association, vol. 33(4), pages 27-50, Fall.
  36. Hazlett, Thomas W., 2022. "Free speech and the challenge of efficiency," Telecommunications Policy, Elsevier, vol. 46(9).
  37. 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.
  38. Oskar Lecuyer & Philippe Quirion, 2019. "Interaction between CO2 emissions trading and renewable energy subsidies under uncertainty: feed-in tariffs as a safety net against over-allocation," Climate Policy, Taylor & Francis Journals, vol. 19(8), pages 1002-1018, September.
  39. Miaomiao Tao & Pierre Failler & Lim Thye Goh & Wee Yeap Lau & Hanghang Dong & Liang Xie, 2022. "Quantify the Effect of China’s Emission Trading Scheme on Low-carbon Eco-efficiency: Evidence from China’s 283 Cities," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 27(6), pages 1-33, August.
  40. Qingxin He & Jonathan M. Lee & Zagros Madjd-Sadjadi, 2016. "Cost savings and deregulation: an analysis of fuel cost savings in deregulated electricity markets," Applied Economics Letters, Taylor & Francis Journals, vol. 23(16), pages 1173-1176, November.
  41. Jihad C. Elnaboulsi & Wassim Daher & Yiğit Sağlam, 2023. "Environmental taxation, information precision, and information sharing," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(2), pages 301-341, April.
  42. Simon Quemin, 2016. "Intertemporal abatement decisions under ambiguity aversion in a cap and trade," Working Papers 1604, Chaire Economie du climat.
  43. Schmidt, Sebastian & Kinne, Jan & Lautenbach, Sven & Blaschke, Thomas & Lenz, David & Resch, Bernd, 2022. "Greenwashing in the US metal industry? A novel approach combining SO2 concentrations from satellite data, a plant-level firm database and web text mining," ZEW Discussion Papers 22-006, ZEW - Leibniz Centre for European Economic Research.
  44. Wiser, Ryan & Bolinger, Mark & Heath, Garvin & Keyser, David & Lantz, Eric & Macknick, Jordan & Mai, Trieu & Millstein, Dev, 2016. "Long-term implications of sustained wind power growth in the United States: Potential benefits and secondary impacts," Applied Energy, Elsevier, vol. 179(C), pages 146-158.
  45. Robert N. Stavins, 2020. "The Future of US Carbon-Pricing Policy," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 1(1), pages 8-64.
  46. Melathopoulos, Andony P. & Stoner, Alexander M., 2015. "Critique and transformation: On the hypothetical nature of ecosystem service value and its neo-Marxist, liberal and pragmatist criticisms," Ecological Economics, Elsevier, vol. 117(C), pages 173-181.
  47. Austin M. Williams & Daniel J. Phaneuf, 2019. "The Morbidity Costs of Air Pollution: Evidence from Spending on Chronic Respiratory Conditions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(2), pages 571-603, October.
  48. Meunier, Guy & Montero, Juan-Pablo & Ponssard, Jean-Pierre, 2017. "Using output-based allocations to manage volatility and leakage in pollution markets," Energy Economics, Elsevier, vol. 68(S1), pages 57-65.
  49. Vollebergh, Herman & Brink, Corjan & Verdonk, Martijn & Roelfsema, Mark, 2013. "Evaluation of Policy Options to Reform the EU Emissions Trading System - Effects on Carbon Price, Emissions and the Economy," Other publications TiSEM 76a2d0f3-cda8-48e8-a881-d, Tilburg University, School of Economics and Management.
  50. Shobe, William & Holt, Charles & Huetteman, Thaddeus, 2014. "Elements of emission market design: An experimental analysis of California's market for greenhouse gas allowances," Journal of Economic Behavior & Organization, Elsevier, vol. 107(PA), pages 402-420.
  51. Raphaël Trotignon & Pierre-André Jouvet & Boris Solier & Simon Quemin & Jérémy Elbeze, 2015. "European carbon market: lessons on the impact of a market stability reserve using the Zephyr model," Working Papers 1511, Chaire Economie du climat.
  52. Charles N. Mock & Rachel Nugent & Olive Kobusingye & Kirk R. Smith, 2017. "Disease Control Priorities, Third Edition," World Bank Publications - Books, The World Bank Group, number 28576.
  53. Joseph A. Cullen & Erin T. Mansur, 2017. "Inferring Carbon Abatement Costs in Electricity Markets: A Revealed Preference Approach Using the Shale Revolution," American Economic Journal: Economic Policy, American Economic Association, vol. 9(3), pages 106-133, August.
  54. J. Scott Holladay & Steven Soloway, 2015. "The Environmental Impacts of Fuel Switching Power Plants," Working Papers 2015-05, University of Tennessee, Department of Economics.
  55. Alex Dickson & Ian A. MacKenzie, 2022. "Permit Markets with Political and Market Distortions," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 82(1), pages 227-255, May.
  56. Wenqin Gong & Yu Kong, 2022. "Nonlinear Influence of Chinese Real Estate Development on Environmental Pollution: New Evidence from Spatial Econometric Model," IJERPH, MDPI, vol. 19(1), pages 1-22, January.
  57. Bruce G. Carruthers & Naomi R. Lamoreaux, 2016. "Regulatory Races: The Effects of Jurisdictional Competition on Regulatory Standards," Journal of Economic Literature, American Economic Association, vol. 54(1), pages 52-97, March.
  58. Alessandra Casella & Adam B. Cox, 2018. "A Property Rights Approach to Temporary Work Visas," The Journal of Legal Studies, University of Chicago Press, vol. 47(S1), pages 195-227.
  59. Nicola Borri & Yukun Liu & Aleh Tsyvinski & Xi Wu, 2024. "Inefficiencies of Carbon Trading Markets," Cowles Foundation Discussion Papers 2403, Cowles Foundation for Research in Economics, Yale University.
  60. Simon Anastasiadis & Suzi Kerr & Marie-Laure Nauleau & Tim Cox & Kit Rutherford, 2014. "Does complex hydrology require complex water quality policy?," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 58(1), pages 130-145, January.
  61. Stratford Douglas & Seth Wiggins, 2015. "Effects of Acid Rain Regulations on Production of Eastern Coals of Varying Sulfur Content," Working Papers 15-38, Department of Economics, West Virginia University.
  62. Katherine Simpson & Frans P de Vries & Paul Armsworth & Nick Hanley, 2017. "Designing markets for biodiversity offsets: lessons from tradable pollution permits," Discussion Papers in Environment and Development Economics 2017-04, University of St. Andrews, School of Geography and Sustainable Development.
  63. Akyol, Metin & Neugart, Michael & Pichler, Stefan, 2015. "A tradable employment quota," Labour Economics, Elsevier, vol. 36(C), pages 48-63.
  64. Harvey E. Lapan & Shiva Sikdar, 2019. "Is Trade in Permits Good for the Environment?," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 72(2), pages 501-510, February.
  65. Evangelina Dardati, 2016. "Pollution Permit Systems And Firm Dynamics: How Does The Allocation Scheme Matter?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 57(1), pages 305-328, February.
  66. Stavins, Robert N., 2019. "The Future of U.S. Carbon-Pricing Policy: Normative Assessment and Positive Prognosis," Working Paper Series rwp19-017, Harvard University, John F. Kennedy School of Government.
  67. Daniel Leppert, 2023. "“No fences make bad neighbors” but markets make better ones: cap-and-trade reduces cross-border SO2 in a natural experiment," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 25(3), pages 407-433, July.
  68. Rickels, Wilfried & Peterson, Sonja & Felbermayr, Gabriel, 2019. "Schrittweise zu einem umfassenden europäischen Emissionshandel," Kiel Policy Brief 127, Kiel Institute for the World Economy (IfW Kiel).
  69. Paula Kivimaa & Mikael Hildén & Dave Huitema & Andrew Jordan & Jens Newig, 2015. "Experiments in Climate Governance. Lessons from a Systematic Review of Case Studies in Transition Research," SPRU Working Paper Series 2015-36, SPRU - Science Policy Research Unit, University of Sussex Business School.
  70. Greenstone, Michael & Rohini Pande & Sudarshan, Anant & Ryan, Nicholas, 2023. "Can Pollution Markets Work in Developing Countries? Experimental Evidence from India," The Warwick Economics Research Paper Series (TWERPS) 1453, University of Warwick, Department of Economics.
  71. Burtraw, Dallas & Woerman, Matt, 2013. "Economic ideas for a complex climate policy regime," Energy Economics, Elsevier, vol. 40(S1), pages 24-31.
  72. J. Scott Holladay and Steven Soloway, 2016. "The Environmental Impacts of Fuel Switching Electricity Generators," The Energy Journal, International Association for Energy Economics, vol. 0(Number 4).
  73. Michel Damian, 2015. "A new political economy of climate change," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2015(2), pages 5-14.
  74. Gautam Gowrisankaran & Stanley S. Reynolds & Mario Samano, 2016. "Intermittency and the Value of Renewable Energy," Journal of Political Economy, University of Chicago Press, vol. 124(4), pages 1187-1234.
  75. Li, Kun & Dong, Feng, 2022. "Government strategy for banning gasoline vehicles: Evidence from tripartite evolutionary game," Energy, Elsevier, vol. 254(PA).
  76. Meyer, Andrew G. & Raff, Zach, 2022. "Pass-through of water pollution regulation: Evidence from sewer utility bills and Wisconsin's phosphorus rule," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322444, Agricultural and Applied Economics Association.
  77. Peifang Yang & Daniel T. Kaffine, 2016. "Community-Based Tradable Permits for Localized Pollution," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 65(4), pages 773-788, December.
  78. Hancevic, Pedro Ignacio, 2017. "A dynamic approach to environmental compliance decisions in U.S. Electricity Market: The Acid Rain Program revisited," Energy Policy, Elsevier, vol. 106(C), pages 129-137.
  79. Gingerich, Daniel B. & Zhao, Yifan & Mauter, Meagan S., 2019. "Environmentally significant shifts in trace element emissions from coal plants complying with the 1990 Clean Air Act Amendments," Energy Policy, Elsevier, vol. 132(C), pages 1206-1215.
  80. He, Qingxin & Lee, Jonathan M., 2016. "The effect of coal combustion byproducts on price discrimination by upstream industries," International Journal of Industrial Organization, Elsevier, vol. 44(C), pages 11-24.
  81. Kelly A. Stevens, 2018. "Natural Gas Combined Cycle Utilization: An Empirical Analysis of the Impact of Environmental Policies and Prices," The Energy Journal, , vol. 39(5), pages 205-230, September.
  82. Chan, H. Ron & Zhou, Yichen Christy, 2021. "Regulatory spillover and climate co-benefits: Evidence from New Source Review lawsuits," Journal of Environmental Economics and Management, Elsevier, vol. 110(C).
  83. Scott E. Atkinson & Rong Luo, 2024. "Estimation Of Production Technologies With Output And Environmental Constraints," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 65(2), pages 755-780, May.
  84. Werner Antweiler, 2017. "Emission trading for air pollution hot spots: getting the permit market right," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 19(1), pages 35-58, January.
  85. Michel Damian, 2016. "A new political economy of climate change," Post-Print hal-01334773, HAL.
  86. Shobe, William & Holt, Charles & Huetteman, Thaddeus, 2014. "Elements of emission market design: An experimental analysis of California's market for greenhouse gas allowances," Journal of Economic Behavior & Organization, Elsevier, vol. 107(PA), pages 402-420.
  87. Curtis, E. Mark & Lee, Jonathan M., 2019. "When do environmental regulations backfire? Onsite industrial electricity generation, energy efficiency and policy instruments," Journal of Environmental Economics and Management, Elsevier, vol. 96(C), pages 174-194.
  88. Jackson Dorsey, 2019. "Waiting for the Courts: Effects of Policy Uncertainty on Pollution and Investment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 74(4), pages 1453-1496, December.
  89. Aldy, Joseph E. & Auffhammer, Maximillian & Cropper, Maureen L. & Fraas, Arthur G. & Morgenstern, Richard D., 2020. "Looking Back at Fifty Years of the Clean Air Act," RFF Working Paper Series 20-01, Resources for the Future.
  90. Tae Hee Kim & Sun Hye Lee & Petros Vourvachis, 2023. "Accounting Standard-Setting for an Emission Trading Scheme: The Korean Case," Journal of Business Ethics, Springer, vol. 182(4), pages 1003-1024, February.
  91. Xiaodong Yang & Weilong Wang & Xufeng Su & Siyu Ren & Qiying Ran & Jianlong Wang & Jianhong Cao, 2023. "Analysis of the influence of land finance on haze pollution: An empirical study based on 269 prefecture‐level cities in China," Growth and Change, Wiley Blackwell, vol. 54(1), pages 101-134, March.
  92. Benjamin Görlach, 2014. "Emissions Trading in the Climate Policy Mix — Understanding and Managing Interactions with other Policy Instruments," Energy & Environment, , vol. 25(3-4), pages 733-749, April.
  93. Torben K. Mideksa, 2020. "Pricing Pollution," CESifo Working Paper Series 8269, CESifo.
  94. Yonca Ertimur & Jennifer Francis & Amanda Gonzales & Katherine Schipper, 2020. "Financial Reporting for Pollution Reduction Programs," Management Science, INFORMS, vol. 66(12), pages 6015-6041, December.
  95. Leard, Benjamin & McConnell, Virginia, 2021. "Interpreting tradable credit prices in overlapping vehicle regulations," Journal of Environmental Economics and Management, Elsevier, vol. 109(C).
  96. Torben K. Mideksa, 2021. "Leadership and Climate Policy," CESifo Working Paper Series 9054, CESifo.
  97. Murray, Brian & Rivers, Nicholas, 2015. "British Columbia’s revenue-neutral carbon tax: A review of the latest “grand experiment” in environmental policy," Energy Policy, Elsevier, vol. 86(C), pages 674-683.
  98. Christos Constantatos & Christos Pargianas & Eftichios S. Sartzetakis, 2021. "Green consumers and environmental policy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(1), pages 105-140, February.
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