Markets for Clean Air
The U.S. Acid Rain Program
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Markets for Clean Air by A. Denny Ellerman
Book DescriptionA comprehensive description and evaluation of the first three years of the U.S. Acid Rain Program. This environmental control program is the world's first large-scale use of a tradeable emission permit system for achieving environmental goals. The book analyzes the behavior and performance of the market for emissions permits, known as allowances, 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. Finally, the book discusses the program's successes, its weaknesses, and the lesson learned regarding application of the emissions-trading approach to controlling other types of emissions, including greenhouse gases. The volume is an indispensable addition to the library of all interested in the application of marker principles for meeting environmental goals.
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Book DetailsISBN: 9780521023894
(228mm x 152mm x 22mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 17-Nov-2005
Country of Publication: United Kingdom
Books By Author A. Denny Ellerman
Allocation in the European Emissions Trading Scheme, Paperback (February 2011)
This book was the first in-depth description and analysis of the European Emissions Trading Scheme.
Pricing Carbon, Hardback (January 2010)
The first detailed description and analysis of the European Union Emissions Trading Scheme.
Markets for Clean Air, Hardback (June 2000)» View all books by A. Denny Ellerman
Comprehensive description and evaluation of the first three years' of the U.S. Acid Rain Program.
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