The SO2 Allowance Trading System: The Ironic History of a Grand Policy Experiment
Two decades have passed Two decades have passed since the Clean Air Act Amendments of 1990 launched a grand experiment in market-based environmental policy: the SO2 cap-and-trade system. That system performed well but created four striking ironies. First, by creating this system to reduce SO2 emis...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | en_US |
| Published: |
MIT CEEPR
2012
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| Online Access: | http://hdl.handle.net/1721.1/72007 |