Analysis of the Bush proposal to reduce the SO₃ cap

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Analysis of the Bush proposal to reduce the SO₃ cap

Author: Ellerman, A. Denny

Citable URI: http://hdl.handle.net/1721.1/44983

Other Contributors: Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.

Advisor:

Publisher: MIT Center for Energy and Environmental Policy Research

Date Issued: 2002

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.

URI: http://hdl.handle.net/1721.1/44983

Other Identifiers: 2002-002

Series/Report no.: MIT-CEEPR (Series) ; 02-002WP.

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