Economic Implications of Emissions Trading Rules for Local and Regional Pollutants

@inproceedings{Atkinson1987EconomicIO,
  title={Economic Implications of Emissions Trading Rules for Local and Regional Pollutants},
  author={Scott E. Atkinson and Tom Tietenberg},
  year={1987}
}
In 1975 the United States Environmental Protection Agency initiated an historic process of regulatory reform, now known as the Emissions Trading Program. For nonuniformly-mixed pollutants, such as sulfur dioxides, air quality is a function not only of the level of emissions, but their location and stack heights as well. The focus of this paper is how to protect local air quality and limit long-range pollutant deposition caused by emission trades, while allowing as much cost-reducing trading… CONTINUE READING

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