Summary evaluation of the U.S. SO2 emissions trading program as implemented in 1995

Book/Chapter
Summary evaluation of the U.S. SO2 emissions trading program as implemented in 1995
Ellerman, A.D., R. Schmalensee, P.L. Joskow, J.-P. Montero and E.M. Bailey (1999)
Pollution for Sale: Emissions Trading and Joint Implementation, S. Sorrell and J. Skea (eds.), Edward Elgar Publishing Ltd., UK, pp. 27-42

[Source]

Abstract/Summary:

About the book: Emissions trading has become a central feature of global efforts to control climate change. Its inclusion in the Kyoto Protocol to the Framework Convention on Climate Change represents a victory for advocates of market-based instruments and builds upon twenty years of experience with trading schemes in the United States. However, the concept is controversial and attempts to introduce similar trading schemes in Europe have met with mixed results.

Citation:

Ellerman, A.D., R. Schmalensee, P.L. Joskow, J.-P. Montero and E.M. Bailey (1999): Summary evaluation of the U.S. SO2 emissions trading program as implemented in 1995. Pollution for Sale: Emissions Trading and Joint Implementation, S. Sorrell and J. Skea (eds.), Edward Elgar Publishing Ltd., UK, pp. 27-42 (http://www.e-elgar.co.uk/Bookentry_Main.lasso?id=1696)
  • Book/Chapter
Summary evaluation of the U.S. SO2 emissions trading program as implemented in 1995

Ellerman, A.D., R. Schmalensee, P.L. Joskow, J.-P. Montero and E.M. Bailey

Pollution for Sale: Emissions Trading and Joint Implementation
S. Sorrell and J. Skea (eds.), Edward Elgar Publishing Ltd., UK, pp. 27-42

Abstract/Summary: 

About the book: Emissions trading has become a central feature of global efforts to control climate change. Its inclusion in the Kyoto Protocol to the Framework Convention on Climate Change represents a victory for advocates of market-based instruments and builds upon twenty years of experience with trading schemes in the United States. However, the concept is controversial and attempts to introduce similar trading schemes in Europe have met with mixed results.