Published December 1998
| Version v1
Journal article
Efficiency gains under exchange-rate emission trading
Creators
- 1. Department of Economics, University of Oslo, Oslo (Norway)
- 2. Department of Economics and Social Sciences, The Norwegian Agricultural University of Norway, Aas (Norway)
Description
In the case of emission of non-uniformly dispersed pollutants such as SO2 the negative effects depend on the location of the sources. A unit increase at one source must be compensated by either a larger or smaller reduction at another source to keep the negative effects at the same level. Emission trading between countries is possible under the Second Sulphur Protocol. Exchange rate trading and third party problems are studied within a simultaneous model facilitating impositions of various environmental constraints. Simulations based on the negotiated emission quotas are offered. Results indicate potential cost savings of 19%. 16 refs
Additional details
Publishing Information
- Journal Title
- Environmental and Resource Economics
- Journal Volume
- 12
- Journal Issue
- 4
- Journal Page Range
- p. 403-423
- ISSN
- 0924-6460
- CODEN
- ERECEP
INIS
- Country of Publication
- Netherlands
- Country of Input or Organization
- Netherlands
- INIS RN
- 30018434
- Subject category
- S54: ENVIRONMENTAL SCIENCES;
- Descriptors DEI
- COST BENEFIT ANALYSIS; EMISSION; ENVIRONMENTAL POLICY; FOREIGN EXCHANGE RATE; INTERNATIONAL AGREEMENTS; LICENSES; MATHEMATICAL MODELS; NEGOTIATION; SIMULATION; SULFUR DIOXIDE; TRADE
- Descriptors DEC
- AGREEMENTS; CHALCOGENIDES; ECONOMIC ANALYSIS; OXIDES; OXYGEN COMPOUNDS; SULFUR COMPOUNDS; SULFUR OXIDES