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 record nr: 220497
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