scholarly journals Economic Benefits of Improvements in Visibility: Acid Rain Provisions of the 1990 Clean Air Act Amendments

1997 ◽  
Vol 47 (3) ◽  
pp. 395-402 ◽  
Author(s):  
Lauraine G. Chestnut ◽  
Robin L. Dennis
Keyword(s):  
Acid Rain ◽  
Clean Air Act ◽  
Economic Benefits ◽  
Clean Air Act Amendments ◽  
Clean Air

Did the Clean Air Act Amendments of 1990 really improve air quality?

2012 ◽  
Vol 5 (4) ◽  
pp. 353-367 ◽  
Author(s):  
Winston Harrington ◽  
Richard Morgenstern ◽  
Jhih-Shyang Shih ◽  
Michelle L. Bell
Keyword(s):  
Air Quality ◽  
Clean Air Act ◽  
Clean Air Act Amendments ◽  
Clean Air

scholarly journals What Can We Learn from the Grand Policy Experiment? Lessons from SO2 Allowance Trading

1998 ◽  
Vol 12 (3) ◽  
pp. 69-88 ◽  
Author(s):  
Robert N Stavins
Keyword(s):  
Political Economy ◽  
Sulfur Dioxide ◽  
Acid Rain ◽  
Clean Air Act ◽  
Design And Implementation ◽  
Allowance Trading ◽  
Clean Air ◽  
Policy Experiment ◽  
And Performance ◽  
Trading Program

The most ambitious application ever attempted of a market-based approach to environmental protection has been for the control of acid rain under the Clean Air Act amendments of 1990, which established a sulfur dioxide allowance trading program. This essay identifies lessons that can be learned from this grand experiment in economically oriented environmental policy. The author examines positive political economy lessons, asking why this system was adopted from acid-rain control in 1990, and he considers normative lessons that can be learned from the program's structure and performance, focusing on lessons for the design and implementation of future systems.

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