Marketable Permits for the Prevention of EnvironmentalDeterioration1

نویسنده

  • WALLACE E. OATES
چکیده

This paper develops a modified system of marketable emission permits that promises both savings in abatement costs to sources and improved environmental quality relative to an initial command-and-control (CAC) outcome. Using a model of TSP emissions for the Baltimore Air Quality Control Region (AQCR), a series of simulation exercises indicates that such a permit system could generate large cost savings while inducing significant reductions in TSP concentrations as compared to the existing CAC regime in Baltimore. e 1985 Academic Press. Inc.

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تاریخ انتشار 1985