Developing effective CO2 and SO2 mitigation strategy based on marginal abatement costs of coal-fired power plants in China

2021 ◽  
Vol 294 ◽  
pp. 116978
Author(s):  
Tomoaki Nakaishi
Keyword(s):  
Power Plants ◽  
Mitigation Strategy ◽  
Abatement Costs ◽  
Marginal Abatement Costs

scholarly journals Sacred Cars? Cost-Effective Regulation of Stationary and Nonstationary Pollution Sources

2012 ◽  
Vol 4 (1) ◽  
pp. 98-126 ◽  
Author(s):  
Meredith Fowlie ◽  
Christopher R Knittel ◽  
Catherine Wolfram
Keyword(s):  
Marginal Cost ◽  
Power Plants ◽  
Environmental Regulations ◽  
Cost Effective ◽  
The United States ◽  
Air Pollutant ◽  
Practical Reasons ◽  
Mobile Source ◽  
Abatement Costs ◽  
Marginal Abatement Costs

For political and practical reasons, environmental regulations sometimes treat point-source polluters, such as power plants, differently from mobile-source polluters, such as vehicles. This paper measures the extent of this regulatory asymmetry in the case of nitrogen oxides (NOx), the most recalcitrant criteria air pollutant in the United States. We find significant differences in marginal abatement costs across source types: the marginal cost of reducing NOx from cars is less than half the marginal cost of reducing NOx from power plants. Our results measure the possible efficiency gains and distributional implications associated with increasing the sectoral scope of environmental regulations.(JEL Q53, Q58, R41)

Efficient Pollution Regulation: Getting the Prices Right

2009 ◽  
Vol 99 (5) ◽  
pp. 1714-1739 ◽  
Author(s):  
Nicholas Z. Muller ◽  
Robert Mendelsohn
Keyword(s):  
Air Pollution ◽  
Sulfur Dioxide ◽  
Power Plants ◽  
Environmental Regulations ◽  
Welfare Gain ◽  
Abatement Costs ◽  
Pollution Regulation ◽  
Marginal Abatement Costs ◽  
Allowance Trading ◽  
Trading Program

This paper argues for efficient environmental regulations that equate the marginal damage of pollution to marginal abatement costs across space. The paper estimates the source-specific marginal damages of air pollution and calculates the welfare gain from making the current sulfur dioxide allowance trading program for power plants more efficient. The savings from using trading ratios based on marginal damages are between $310 and $940 million per year. The potential savings from setting aggregate emissions efficiently and from including more sources of air pollution are many times higher. (JEL H23, Q53, Q58)

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