Markets for Clean Air: The U.S. Acid Rain Program

By R. Cooper, A. Ellerman, P. Joskow, R. Schmalensee, Juan-Pablo Montero, E. Bailey. 2000

561 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/e1f5cdba0af306b1e49bcb7d6756508046a5eb32

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Citations in the corpus

European Carbon Prices and Banking Restrictions: Evidence from Phase I (2005-2007) (2009, unknown): “The most prominent example of the key role of such provisions is the U.S. Acid Rain Program , where banking has been a major feature in the success 1 of this emissions trading scheme (Ellerman, Joskow, Schmalensee, Montero and Bailey (2000), Ellerman and Montero (2007)).”
The Impact of Carbon Trading on Industry: Evidence from German Manufacturing Firms (2014, background): “While the bulk of this literature focuses on emissions trading among electricity producers (e.g. Ellerman et al., 2000), researchers have only just started to study cap-and-trade programs in the manufacturing sector (e.g. Fowlie, Holland and Mansur, 2012).”
Firm Competitiveness and the European Union Emissions Trading Scheme (2013, unknown): “Experience in the United States has shown that well-designed emissions trading programs can reduce policy costs by between 15 to 90 percent compared to traditional command-and-control programs (Schmalensee and Stavins, 2012; Carlson et al, 2000; Ellerman et al, 2000; Keohane, 2003).”
Lessons Learned from Three Decades of Experience with Cap-and-Trade (2015, unknown): “7 of emissions reductions was broadly consistent with model predictions, and the program did not generate significant hot spots (Ellerman et al. 2000; Swift 2004).”
Auction Design for Selling CO 2 Emission Allowances Under the Regional Greenhouse Gas Initiative (2007, background): “In retrospect, it appears that the auction contributed importantly to price discovery and set the context for an active secondary market (Ellerman et al. 2000, 178–180).”
Making things the same: Gases, emission rights and the politics of carbon markets (2009, background): “…to remove sulphur from smokestacks turned out to be cheaper to install and to run than had been anticipated, and rail-freight deregulation sharply reduced the cost of transportation from Wyoming’s Powder River Basin, the main source of lowsulphur coal in the United States (Ellerman et al., 2000).”
Cap-and-Trade (2009, unknown): “The Acid Rain Trading Program for SO2, often cited as the most successful example to date, was implemented in 1995 (2); other emis-”