Design and cost-effectiveness of marketable emission permits for air pollution control. [St. Louis area]
The Environmental Protection Agency has recently shown substantial interest in controlling air pollution through the trading of pollution rights as an alternative to the present system of individual source emission requirements. This paper examines the economic efficiency of numerous types of marketable permit (MP) systems for trading of air pollution rights in a non-attainment area. Under all MP systems, MPs are traded among sources within zones so as to minimize pollution control costs. Alternative systems are characterized as mathematical programming models and applied to data on control costs and degradation of air quality at regional receptors (monitoring stations) for sources in the St. Louis region. This analysis indicates that all MP systems are substantially more cost-effective than the current system of control based on State Implementation Plan source requirements.
- OSTI ID:
- 5647652
- Country of Publication:
- United States
- Language:
- English
Similar Records
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Related Subjects
290300 -- Energy Planning & Policy-- Environment
Health
& Safety
500200* -- Environment
Atmospheric-- Chemicals Monitoring & Transport-- (-1989)
54 ENVIRONMENTAL SCIENCES
ADMINISTRATIVE PROCEDURES
AIR POLLUTION CONTROL
CONTROL
FEDERAL REGION VII
MARKET
MISSOURI
NATIONAL GOVERNMENT
NORTH AMERICA
PERMITS
POLLUTION CONTROL
POLLUTION REGULATIONS
POLLUTION SOURCES
REGULATIONS
STATE GOVERNMENT
USA