Acid rain mitigation: Everyone benefits from a market for compliance

The writers of this article anticipate that there will be a market in credits for overcompliance with sulfur dioxide emission limitations created by new congressional legislation, and advocate that utility managers plan to participate actively in that market. In the article they use some actual data on the compliance options of utilities, and their costs, to determine a market-clearing price for compliance credits. They also proceed to show that every utility affected by the new law will be better off if it participates in the compliance market