Emissions Trading, An Exercise in Reforming Pollution Policy

By T. H. Tietenberg | Go to book overview

Index
Acid rain, 27
Advisory Council on Executive Organization, 1
Aircraft noise, 108
Air dispersion models, 31, 208
Air pollution
control studies, 42-43 (table)
enforcement, 168
regulatory dilemma, 14-16
types of, 2-3
Air quality
accounting system for, 120, 122, 207-210
and emissions, 72-73, 88
and market power, 132-133
modeling, 195-196
and reasonable further progress rule, 89
and single-receptor dominance, 79
standards for, 3
Ambient permits, 83-84. See also Emission trading.
constraints on, 63-64
cost savings from, 64
and emission control, 62-64, 65 (table)
and emission permits, 24
financial burden of, 104-105 (table), 107 (table)
and geographic interdependency, 27
and information, 30-31
Ambient permits (cont'd.)
and location problems, 74
markets for, 27, 78-80
system difficulties, 60-64
and transaction complexity, 61-62
Ambient standards, 176
defining, 151-152
and emission loadings, 158
timing of, 205
and trading activity, 73
Anderson, Robert J., Jr., 157
Area sources, and total emissions, 212
Atkinson, Scott, 72, 85
Auction markets. See also Emission trading; Zero-revenue auctions.
for chlorofluorocarbons permits, 108
competitive/noncompetitive, 129 (table)
and incentive-compatible auctions, 133
industry expense under, 109 (figure)
and initial control responsibility, 98-100
and market power, 126-133, 138, 148
price manipulation in, 145-146
BACT. See Best available control technology.
Banking, 8-9, 56, 191-192, 201-202. See also Emission trading; Shutdown credits.

-217-

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Emissions Trading, An Exercise in Reforming Pollution Policy
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • Tables ix
  • Preface xi
  • Abbreviations xiv
  • 1 / Introduction 1
  • References 13
  • 2 - /The Conceptual Framework 14
  • References 35
  • 3 - The Potential For Cost Savings 38
  • Summary 56
  • 4 - The Spatial Dimension 60
  • Summary 89
  • 5 - Distributing The Financial Burden 93
  • Summary 120
  • References 123
  • 6 - Market Power 125
  • Summary 145
  • 7 - The Temporal Dimension 149
  • Summary 165
  • 8 - Enforcement 168
  • Summary 184
  • 9 - Evaluation and Proposals For Further Reform 188
  • Concluding Comments 213
  • References 214
  • Index 217
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