The Emissions Trading Policy in the United States of America: an Evaluation of its Advantages and Disadvantages and Analysis of its Applicability in the Federal Republic of Germany (1985)
Paper Number: EE-0266
Document Date: 07/01/1985
Author(s): IFO-Institut fur Wirtschaftsforschung: Rehbinder, Eckard; Sprenger, Rolf-Ulrich
Subject Area(s): Economic Analysis, Economic Incentives, Trading and Marketable Permits, Air Pollution Control
Keywords: Economic Analysis, Economic Incentives, Trading and Marketable Permits, Air Pollution Control
Abstract:
This report summarizes the results of a one-year effort to evaluate the U.S. Environmental Protection Agency's Emissions Trading Policy under six criteria meant to be relevant, neutral and fair: the Policy's ability to improve air quality; and its real or potential effects on cost-effectiveness, economic development, technological innovation, the administration and enforceability of the Clean Air Act, and its legal feasibility. The report was co-funded with the Federal Republic of Germany Ministry of the Interior and the German Marshall Fund of the United States.
A copy of this report is available at the National Service Center for Environmental Publications (NSCEP)
This paper is part of the Environmental Economics Research Inventory.