Center for Energy and Environmental Policy Research: Recent submissions
Now showing items 217-219 of 334
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Crude oil supply curves
(MIT Center for Energy and Environmental Policy Research, 1998)Short-run cost curves shift over time as depletion counters increasing knowledge. Under competition, a rightward (leftward) shift indicates lower (higher) cost and greater (lesser) productivity. A simple coefficient captures ... -
The economics of pollution permit banking in the context of Title IV of the 1990 Clean Air Act amendments
(MIT Center for Energy and Environmental Policy Research, 1998)Tradable pollution permits are the basis of a new market-based approach to environmental control. The Acid Rain Program, established under Title IV of the Clean Air Act Amendments of 1990, and aimed at drastically reducing ... -
Intertemporal pricing of sulfur dioxide allowances
(MIT Center for Energy and Environmental Policy Research, 1998)The Clean Air Act Amendments of 1990 initiated the first large-scale use of the tradable permit approach to pollution control. The theoretical case for this approach rests on the assumption of an efficient market for ...


