scholarly journals A Market-Based Solution to Acid Rain: The Case of the Sulfur Dioxide (SO2) Trading Program

1999 ◽  
Vol 18 (2) ◽  
pp. 258-264 ◽  
Author(s):  
Kanwalroop Kathy Dhanda
1998 ◽  
Vol 12 (3) ◽  
pp. 69-88 ◽  
Author(s):  
Robert N Stavins

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.


1998 ◽  
Vol 12 (3) ◽  
pp. 53-68 ◽  
Author(s):  
Richard Schmalensee ◽  
Paul L Joskow ◽  
A. Denny Ellerman ◽  
Juan Pablo Montero ◽  
Elizabeth M Bailey

This paper summarizes recent empirical research on compliance costs and strategies and on permit market performance under the U.S. acid rain program, the first large-scale, long-term program to use tradeable emissions permits to control pollution. An efficient market for emissions permits developed in a few years, and this program more than achieved its early goals on time, and it cost less than had been projected. Because of expectation errors, however, investment was excessive, and permit prices substantially understate abatement costs. The tradeable permits approach has worked well, but it is not a miracle cure for environmental problems. Coauthors are Paul L. Joskow, A. Denny Ellerman, Juan Pablo Montero, and Elizabeth M. Bailey.


2021 ◽  
Vol 11 (3) ◽  
pp. 785-789
Author(s):  
Gang Yang ◽  
Lijun Zhou

Mechanisms for catalytic SO2 transformation to H2SO4 over clay dusts have been unraveled at a molecular level. All O atoms in ozone (especially molecular oxygen) are effective oxidants due to remarkable promotion of a vicinal Al3+ site.


2010 ◽  
Vol 10 (13) ◽  
pp. 6311-6331 ◽  
Author(s):  
Z. Lu ◽  
D. G. Streets ◽  
Q. Zhang ◽  
S. Wang ◽  
G. R. Carmichael ◽  
...  

Abstract. With the rapid development of the economy, the sulfur dioxide (SO2) emission from China since 2000 is of increasing concern. In this study, we estimate the annual SO2 emission in China after 2000 using a technology-based methodology specifically for China. From 2000 to 2006, total SO2 emission in China increased by 53%, from 21.7 Tg to 33.2 Tg, at an annual growth rate of 7.3%. Emissions from power plants are the main sources of SO2 in China and they increased from 10.6 Tg to 18.6 Tg in the same period. Geographically, emission from north China increased by 85%, whereas that from the south increased by only 28%. The emission growth rate slowed around 2005, and emissions began to decrease after 2006 mainly due to the wide application of flue-gas desulfurization (FGD) devices in power plants in response to a new policy of China's government. This paper shows that the trend of estimated SO2 emission in China is consistent with the trends of SO2 concentration and acid rain pH and frequency in China, as well as with the increasing trends of background SO2 and sulfate concentration in East Asia. A longitudinal gradient in the percentage change of urban SO2 concentration in Japan is found during 2000–2007, indicating that the decrease of urban SO2 is lower in areas close to the Asian continent. This implies that the transport of increasing SO2 from the Asian continent partially counteracts the local reduction of SO2 emission downwind. The aerosol optical depth (AOD) products of Moderate Resolution Imaging Spectroradiometer (MODIS) are found to be highly correlated with the surface solar radiation (SSR) measurements in East Asia. Using MODIS AOD data as a surrogate of SSR, we found that China and East Asia excluding Japan underwent a continuous dimming after 2000, which is in line with the dramatic increase in SO2 emission in East Asia. The trends of AOD from both satellite retrievals and model over East Asia are also consistent with the trend of SO2 emission in China, especially during the second half of the year, when sulfur contributes the largest fraction of AOD. The arrested growth in SO2 emissions since 2006 is also reflected in the decreasing trends of SO2 and SO42− concentrations, acid rain pH values and frequencies, and AOD over East Asia.


2009 ◽  
Vol 99 (5) ◽  
pp. 1714-1739 ◽  
Author(s):  
Nicholas Z. Muller ◽  
Robert Mendelsohn

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)


Sign in / Sign up

Export Citation Format

Share Document