The DOI matches its Crossref record.
THE SO2EMISSIONS TRADING PROGRAM: COST SAVINGS WITHOUT ALLOWANCE TRADES
Abstract
Title IV of the 1990 amendments to the Clean Air Act initiated a historic experiment in incentive‐based environmental regulation by permitting electric generating facilities to trade allowances for emission of sulfur dioxide. To date, relatively little allowance trading has occurred. However, the costs of compliance have been much less than anticipated. The purpose of this paper is to address the apparent paradox—that the allowance trading program may not require (very much) trading in order to be successful. Title IV represented two great steps forward in environmental regulation: (i) a move toward performance standards and (ii) formal allowance trading. The first step has been sufficient to date for improving dynamic efficiency and achieving relative cost‐effectiveness.
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Cited by
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JARAITĖ, J., CONVERY, F., & DI MARIA, C. (2010) · Climate Policy · doi:10.3763/cpol.2009.0659 · Cited by 99
Recognizing Gravity as a Strong Force in Atmosphere Emissions Markets
Burtraw, D., & Keyes, A. (2018) · Agricultural and Resource Economics Review · doi:10.1017/age.2018.12 · Cited by 21
Self-citation
Metadata
- Authors
- BURTRAW, D.
- Venue
- Contemporary Economic Policy
- Publisher
- Wiley
- Published
- 1996-04
- Volume
- 14
- Issue
- 2
- Pages
- 79-94
- ISSN
- 1074-3529 (ISSN-L)
- 1465-7287
- OpenAlex
- W2168780319
- Cited by
- 168
- References
- 0
- FWCI
- 33.22
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: THE SO2EMISSIONS TRADING PROGRAM: COST SAVINGS WITHOUT ALLOWANCE TRADES. https://app.cochat.ai/papers/10.1111/j.1465-7287.1996.tb00615.x
- The paper
- BURTRAW, D. (1996). THE SO2EMISSIONS TRADING PROGRAM: COST SAVINGS WITHOUT ALLOWANCE TRADES. Contemporary Economic Policy. https://doi.org/10.1111/j.1465-7287.1996.tb00615.x
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
