Analysis of the Bush proposal to reduce the SO₃ cap
Name
2002-002.pdf
Size
108.42 KB
Format
Adobe PDF
Checksum (MD5)
6d0f1c61bf697d6c5fc3cd54f838e0a2
Author(s)
Ellerman, A. Denny
Date Issued
2002
Publisher
MIT Center for Energy and Environmental Policy Research
Series/Report no.
MIT-CEEPR (Series) ; 02-002WP.
Abstract
This paper evaluates President Bush's recent proposal to reduce the cap on total SO2 emissions using a model of emissions banking that fits the experience so far under Title IV. It provides a brief introduction to emissions banking and reports results concerning the effect of a the proposed reduction of the cap on emissions, abatement costs, and the value of the existing SO2 allowance endowment.
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