Analysis of the Bush proposal to reduce the SO₃ cap

Author(s)
Ellerman, A. Denny
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Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
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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.
Date issued
2002
URI
http://hdl.handle.net/1721.1/44983
Publisher
MIT Center for Energy and Environmental Policy Research
Other identifiers
2002-002
Series/Report no.
MIT-CEEPR (Series) ; 02-002WP.
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