Implementing tradable emissions permits for sulfur oxides emissions in the south coast air basin. Volume III: appendices

Technical Report · Tue Jun 01 00:00:00 EDT 1982

OSTI ID:6494006

Cass, G R; Hahn, R W; Noll, R G

Tradable emissions permits have important theoretical advantages over source-specific technical standards as a means for controlling pollution. Nonetheless, difficulties can arise in trying to implement an efficient, competitive market in emissions permits. Simple workable versions of the market concept may fail to achieve the competitive equilibrium, or to take account of important complexities in the relationship between the pattern of emissions and the geographical distribution of pollution. Existing regulatory law may severly limit the range of market opportunities that states can adopt. This report examines the feasibility of tradable permits for controlling particulate sulfates in the Los Angles airshed. Although the empirical part of the paper deals with a specific case, the methods developed have general applicability. Moreover, the particular market design that is proposed -- an auction process that involves no net revenue collection by the state -- has attractive features as a general rule.

• Research Organization: California Inst. of Tech., Pasadena (USA). Environmental Quality Lab.
• OSTI ID: 6494006
• Report Number(s): PB-83-122812
• Country of Publication: United States
• Language: English

Related Subjects

54 ENVIRONMENTAL SCIENCES
AIR POLLUTION
LICENSES
CALIFORNIA
AIR POLLUTION ABATEMENT
COMBUSTION PRODUCTS
GLASS INDUSTRY
INDUSTRIAL WASTES
MARKETING
PARTICULATES
PETROLEUM INDUSTRY
SULFUR OXIDES
CHALCOGENIDES
FEDERAL REGION IX
INDUSTRY
NORTH AMERICA
OXIDES
OXYGEN COMPOUNDS
PARTICLES
POLLUTION
POLLUTION ABATEMENT
SULFUR COMPOUNDS
USA
WASTES
500600* - Environment
Atmospheric- Regulations- (-1989)