The impact of trading on the costs and benefits of the Acid Rain Program

被引：34

作者：

Chan, H. Ron ^{[1
]}

Chupp, B. Andrew ^{[2
]}

Cropper, Maureen L. ^{[3
]}

Muller, Nicholas Z. ^{[4
]}

机构：

[1] Univ Manchester, Manchester, Lancs, England

[2] Georgia Inst Technol, Atlanta, GA 30332 USA

[3] Univ Maryland, Dept Econ, Resources Future, 3114H Tydings Hall, College Pk, MD 20742 USA

[4] Carnegie Mellon Univ, Pittsburgh, PA 15213 USA

来源：

JOURNAL OF ENVIRONMENTAL ECONOMICS AND MANAGEMENT | 2018年 / 88卷

关键词：

Sulfur dioxide; Acid rain; Performance standards; Health effects; Pollution permits; Cap and trade; ALLOWANCE MARKET; POWER-PLANTS; POLLUTION; POLICY; UNCERTAINTY; MORTALITY; LESSONS;

D O I：

10.1016/j.jeem.2017.11.004

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We quantify the cost savings from the Acid Rain Program (ARP) by comparing compliance costs for 761 coal-fired generating units under the ARP with compliance costs under a counterfactual uniform performance standard (UPS) that would have achieved the same aggregate emissions in 2002. In 2002, we find compliance costs to be $200 million (1995$) lower and health damages to be $170 million (1995$) lower under the ARP. We also compare health damages associated with observed SO2 emissions from all ARP units in 2002 with damages from a no-trade counterfactual. Damages under the ARP are S2.1 billion (1995$) higher than under the no-trade scenario, reflecting allowance transfers from units in the western US to units in the eastern US with larger exposed populations. (C) 2017 Elsevier Inc. All rights reserved.

引用

页码：180 / 209

页数：30