Author: | Carlson, C. et al. |
Title: | Sulfur dioxide control by electric utilities: what are the gains from trade? |
Journal: | Journal of Political Economy
2000 : DEC, VOL. 108:6, p. 1292-1326 |
Index terms: | ALLOWANCES ENVIRONMENTAL PROTECTION |
Freeterms: | SULFUR DIOXIDE |
Language: | eng |
Abstract: | This paper uses econometrically estimated marginal abatement cost functions for power plants affected by Title IV of the Clean Air Act Amendments (CAAA) to evaluate the performance of the sulfur dioxide (SO2) allowance market. Specifically, the authors investigate whether the much-heralded fall in the cost of abating SO2, compared to original estimates, can be attributed to allowance trading. |
SCIMA