Transferable Discharge Permits and Economic Efficiency

Article Abstract:

The use of cost effective regulatory techniques in controlling water pollution has been overlooked. Transferable discharge permits are being used for the first time in the United States to control pollution in the Fox River in Wisconsin. An economic model shows that transferable discharge permits are a cost effective form of pollution control strategy. Furthermore, the method is feasible for any level of water quality standard. And varying river conditions do not affect the validity of the system.

Models, Laws, regulations and rules, Economics, Econometrics, Pollution

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On Marketable Air-Pollution Permits: The Case for a System of Pollution Offsets

Article Abstract:

Alternative pollution permit systems are compared. A pollution-offset system is proposed as the most efficient. Standards are achieved at minimum cost. Considerable changes must be initiated in present air management policy.

Environmental aspects, Air pollution, Environmental protection

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Allocation of CO2 emissions permits: A general equilibrium analysis of policy instruments

Article Abstract:

Different ways of allocating CO2 emissions permits under a tradable permit scheme are examined.

Emissions credit trading, Emissions trading

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