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

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

Hardcover

EconomicsEnvironmental StudiesGeneral Political Science

ISBN10: 0521660831
ISBN13: 9780521660839
Publisher: Cambridge
Published: Jun 19 2000
Pages: 388
Weight: 1.47
Height: 1.11 Width: 6.36 Depth: 9.33
Language: English
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.

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General Political Science