Sulfur dioxide allowances: Trading and technological progress

Surender Kumar, Shunsuke Managi

研究成果: Article査読

35 被引用数 (Scopus)

抄録

The US Clean Air Act Amendments introduce an emissions trading system to regulate SO2 emissions. This study finds that changes in SO2 emissions prices are related to innovations induced by these amendments. We find that electricity-generating plants are able to increase electricity output and reduce emissions of SO2 and NOx from 1995 to 2007 due to the introduction of the allowance trading system. However, compared to the approximate 8% per year of exogenous technological progress, the induced effect is relatively small, and the contribution of the induced effect to overall technological progress is about 1-2%.

本文言語English
ページ(範囲)623-631
ページ数9
ジャーナルEcological Economics
69
3
DOI
出版ステータスPublished - 2010 1月 15
外部発表はい

ASJC Scopus subject areas

  • 環境科学(全般)
  • 経済学、計量経済学

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