Markets for Clean Air: The U.S. Acid Rain Program

Markets for Clean Air: The U.S. Acid Rain Program

By A Denny Ellerman, Paul L Joskow, Richard Schmalensee, Juan-Pablo Montero, and Elizabeth M Bailey

Markets for Clean Air provides a comprehensive, in-depth description and evaluation of the first three years' experience with the U. S. Acid Rain Program. This environmental control program is the world's first large-scale use of a tradable emission permit system for achieving environmental goals. The book analyzes the behavior and performance of the market for emissions permits, called allowances in the Acid Rain Program, and quantifies emission reductions, compliance costs, and cost savings associated with the trading program.

READ FULL DESCRIPTION

Quantity Price Discount
List Price $137.00  

Quick Quote

Lorem ipsum dolor sit amet, consectetur adipisicing elit

Non-returnable discount pricing

$137.00


Book Information

Publisher: Cambridge University Press
Publish Date: 06/19/2000
Pages: 388
ISBN-13: 9780521660839
ISBN-10: 0521660831
Language: English

Full Description

Markets for Clean Air provides a comprehensive, in-depth description and evaluation of the first three years' experience with the U.S. Acid Rain Program. This environmental control program is the world's first large-scale use of a tradable emission permit system for achieving environmental goals. The book analyzes the behavior and performance of the market for emissions permits, called allowances in the Acid Rain Program, 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.

About the Authors

A. Denny Ellerman is Senior Lecturer at the Sloan School of Management, Massachusetts Institute of Technology.

Learn More


David S. Evans is an economist, business adviser, and entrepreneur. He has done pioneering research into the new economics of multisided platforms. He has also consulted for many of the largest multisided platform businesses in the world and served as an adviser to a number of start-up matchmakers.

Learn More

We have updated our privacy policy. Click here to read our full policy.