Analysis of the Bush proposal to reduce the SO₃ cap
Author(s)Ellerman, A. Denny
Massachusetts Institute of Technology. Center for Energy and Environmental Policy Research.
MetadataShow full item record
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.
MIT Center for Energy and Environmental Policy Research
MIT-CEEPR (Series) ; 02-002WP.