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The Emissions Trading Policy in the United States of America: an Evaluation of its Advantages and Disadvantages and Analysis of its Applicability in the Federal Republic of Germany (1985)

Paper Number: EE-0266

Document Date: 07/01/1985

Author(s):  IFO-Institut fur Wirtschaftsforschung: Rehbinder, Eckard; Sprenger, Rolf-Ulrich

Subject Area(s): Economic Analysis, Economic Incentives, Trading and Marketable Permits, Air Pollution Control

Keywords:  Economic Analysis, Economic Incentives, Trading and Marketable Permits, Air Pollution Control

Abstract: 

This report summarizes the results of a one-year effort to evaluate the U.S. Environmental Protection Agency's Emissions Trading Policy under six criteria meant to be relevant, neutral and fair: the Policy's ability to improve air quality; and its real or potential effects on cost-effectiveness, economic development, technological innovation, the administration and enforceability of the Clean Air Act, and its legal feasibility.  The report was co-funded with the Federal Republic of Germany Ministry of the Interior and the German Marshall Fund of the United States.

A copy of this report is available at the National Service Center for Environmental Publications (NSCEP)

This paper is part of the  Environmental Economics Research Inventory.

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