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The 1990 Clean Air Act Amendments and the Great Lakes Economy: Challenges and Opportunities

Description: This paper deals with the market for SO{sub 2} emission allowances over time and electric utility compliance choices. For currently high emitting plants ( > 2.5 lb SO{sub 2}/MMBtu), the 1990 Clean Air Act Amendments (CAAA) provide for about twice as many SO{sub 2} allowances to be issued per year in Phase 1 (1995--1999) than in Phase 2. Also, considering the scrubber incentives in Phase 1, there is likely to be substantial emission banking for use in Phase 2. Allowance prices are expected to in… more
Date: January 1, 1991
Creator: Hanson, D.; Molburg, J.; Pandola, G.; Taxon, T.; Lurie, G.; Fisher, R. et al.
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Partner: UNT Libraries Government Documents Department
open access

Emissions trading and compliance: Regulatory incentives and barriers

Description: The Title IV of the Clean Air Act Amendments of 1990 (P.L. 101-549) authorizes the use of transferable emission allowances to achieve reductions in the power generating industry's SO{sub 2} emissions at a minimum possible cost. All electricity generators (greater than 25 MW) are required to hold emissions allowances equal to the amount (tons) of SO{sub 2} emitted during a given year, and meet NO{sub x} reduction levels indicated by the Revised New Source Performance Standards (NSPS). This paper… more
Date: January 1, 1992
Creator: South, D.W.; Bailey, K.A. (Argonne National Lab., IL (United States)) & McDermott, K.A. (Illinois State Univ., Normal, IL (United States). Center for Regulatory Studies)
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Partner: UNT Libraries Government Documents Department
open access

Forecasting the market for SO sub 2 emission allowances under uncertainty

Description: This paper deals with the effects of uncertainty and risk aversion on market outcomes for SO{sub 2} emission allowance prices and on electric utility compliance choices. The 1990 Clean Air Act Amendments (CAAA), which are briefly reviewed here, provide for about twice as many SO{sub 2} allowances to be issued per year in Phase 1 (1995--1999) than in Phase 2. Considering the scrubber incentives in Phase 1, there is likely to be substantial emission banking for use in Phase 2. Allowance prices ar… more
Date: January 1, 1991
Creator: Hanson, D.; Molburg, J.; Fisher, R.; Boyd, G.; Pandola, G.; Lurie, G. et al.
Item Type: Refine your search to only Article
Partner: UNT Libraries Government Documents Department
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