Hostname: page-component-84b7d79bbc-dwq4g Total loading time: 0 Render date: 2024-07-26T11:30:28.117Z Has data issue: false hasContentIssue false
  • English
  • Français

Marketable Permits: What's all the Fuss About?*

Published online by Cambridge University Press:  28 November 2008

Robert W. Hahn Supa
Robert W. Hahn Supa
Affiliation:
Carnegie Mellon University
Get access Rights & Permissions [Opens in a new window]

Abstract

The command and control approach to government regulation of pollution is clearly not working for many problems. While the theoretical case for applying market mechanisms to control pollution as an alternative is persuasive, there are several stumbling blocks which arise in their application. This paper examines some of the key implementation issues which must be addressed in designing a marketable permit scheme. The issues are brought into focus by considering a particular example – the control of sulfur oxides emissions in Los Angeles.

Type
Articles on Regualtory Reform
Information
Journal of Public Policy , Volume 2 , Issue 4 , October 1982 , pp. 395 - 411
Copyright
Copyright © Cambridge University Press 1982

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Air Report (1980), Pomona College, Claremont, California, July/August.Google Scholar
Anderson, R. S. Jr, et al. (1979) An analysis of alternative policies for attaining and maintaining a short term NO2 standard. A report to the Council on Environmental Quality prepared by Mathtech, Inc., Princeton, New Jersey.Google Scholar
Cass, G. R. (1978) Methods for sulfate air quality management with applications to Los Angeles. PhD thesis, Environmental Quality Laboratory, California Institute of Technology, Pasadena.Google Scholar
Cass, G. R. (1979) Sulfur oxides emissions in the early 1980s under conditions of low natural gas supply. Working paper, Environmental Quality Laboratory, California Institute of Technology, Pasadena.Google Scholar
Environment Reporter (1980) Bubble policy must be simplified, industry, state and locals tell EPA, Environment Reporter, Bureau of National Affairs, 11(22), 733–4.Google Scholar
Hahn, R. W. (1981a) An assessment of the viability of marketable permits. PhD thesis, Environmental Quality Laboratory, California Institute of Technology, Pasadena.Google Scholar
Hahn, R. W. (1981b) Data base and programming methodology for marketable permits study. Open File Report No. 80–8, Environmental Quality Laboratory, California Institute of Technology, Pasadena.Google Scholar
ICF, Incorporated (1980) Emission Reduction Banking Manual. Emission Reduction Banking and Trading Publication No. BG200, Environmental Protection Agency, September 1980.Google Scholar
Krier, J. E. and Bell, R. B. (1980) Old economics and new environmental controls, Stanford Lawyer, 15 (1), 15–20.Google Scholar
Lemke, E. (1980), Personal Communication, South Coast Air Quality Management District, El Monte, California.Google Scholar
Rules and Regulations (1979) South Coast Air Quality Management District, El Monte, California, Rule 301.Google Scholar