CaltechAUTHORS
  A Caltech Library Service

Designing a market for tradable emissions permits

Hahn, Robert W. and Noll, Roger G. (1982) Designing a market for tradable emissions permits. In: Reform of Environmental Regulation. Ballinger Publishing Co. , Cambridge, pp. 119-146. ISBN 0884109089. http://resolver.caltech.edu/CaltechAUTHORS:20171116-154446842

Full text is not posted in this repository. Consult Related URLs below.

Use this Persistent URL to link to this item: http://resolver.caltech.edu/CaltechAUTHORS:20171116-154446842

Abstract

The purpose of this chapter is to investigate the practicality of a system of tractable emissions permits. The central issue is not whether a market for emissions permits will work perfectly, but whether it can produce a more efficient combination of emissions and abatement strategies than the traditional regulatory approach. This question is examined in the context of a particular pollutant in a specific area, namely, the control of sulfur oxides (SO) emissions into the atmosphere in Los Angeles. Nevertheless, we believe the analysis to be of general interest. It raises questions that must be answered in order to make a tradable permits system a practical alternative anywhere. It also illustrates the range of institutional arrangements and informational requirements that must be considered in developing a market for permits.


Item Type:Book Section
Related URLs:
URLURL TypeDescription
https://catalogue.nla.gov.au/Record/210121Featured InBook
http://resolver.caltech.edu/CaltechAUTHORS:20171004-162311512Related ItemWorking Paper
Additional Information:© 1982 Ballinger Publishing Co. The work reported here was supported by the California Air Resources Board. Glen Cass provided useful comments on an earlier draft, and Richard Hanson provided data management support. We are solely responsible for the contents of this chapter. Formerly SSWP 398.
Funders:
Funding AgencyGrant Number
California Air Resources BoardUNSPECIFIED
Record Number:CaltechAUTHORS:20171116-154446842
Persistent URL:http://resolver.caltech.edu/CaltechAUTHORS:20171116-154446842
Usage Policy:No commercial reproduction, distribution, display or performance rights in this work are provided.
ID Code:83269
Collection:CaltechAUTHORS
Deposited By: Jacquelyn Bussone
Deposited On:17 Nov 2017 00:18
Last Modified:17 Nov 2017 00:18

Repository Staff Only: item control page