• DocumentCode
    908383
  • Title

    Impediments to markets for SO2 emission allowances

  • Author

    Walsh, Michael ; Ramesh, V.C. ; Ghosh, K.

  • Author_Institution
    Chicago Board of Trade, IL, USA
  • Volume
    11
  • Issue
    2
  • fYear
    1996
  • fDate
    5/1/1996 12:00:00 AM
  • Firstpage
    996
  • Lastpage
    1001
  • Abstract
    The US Clean Air Act (CAA) of 1990 imposed tighter limits on allowed emissions from electric utilities. The CAA also introduced an innovative SO2 market mechanism to help lower the cost of compliance. The annual Environmental Protection Agency (EPA) auctions of emission allowances intended to help usher in the market mechanisms for trading allowances. In that respect, the results have been mixed. A full fledged market for emission allowances has been slow to emerge. Starting with a detailed study of the EPA auctions to date, this paper analyzes and discusses some of the reasons for this slow development
  • Keywords
    air pollution control; electricity supply industry; flue gas desulphurisation; legislation; sulphur compounds; thermal power stations; Clean Air Act; Environmental Protection Agency; SO2; USA; air pollution; emission allowances; market mechanisms; thermal power generation; Computer aided analysis; Costs; Economies of scale; Impedance; Pollution; Power generation; Power generation economics; Power industry; Protection; Terminology;
  • fLanguage
    English
  • Journal_Title
    Power Systems, IEEE Transactions on
  • Publisher
    ieee
  • ISSN
    0885-8950
  • Type

    jour

  • DOI
    10.1109/59.496186
  • Filename
    496186
    • Link To Document
    https://search.isc.ac/dl/search/defaultta.aspx?DTC=49&DC=908383