Home » Markets for Clean Air: The U.S. Acid Rain Program by A. Denny Ellerman
Markets for Clean Air: The U.S. Acid Rain Program A. Denny Ellerman

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

A. Denny Ellerman

Published June 19th 2000
ISBN : 9780521660839
Hardcover
388 pages
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 About the Book 

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 worlds 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.