List of illustrations
List of tables
Authors
Preface
Acknowledgments
1. A market-based experiment
2. A political history of Federal Acid Rain Legislation
3. The political economy of allowance allocations
4. The pre-1995 trend in SO2 emissions
5. Title IV compliance and Emission reductions, 1995¿97
6. Emissions trading: the effect on abatement behavior
7. Emissions trading: development of the allowance market
8. Title IV's voluntary compliance program
9. The cost of compliance with the Title IV in Phase I
10. Cost savings from emissions trading
11. Errors, imperfections, and allowance prices
12. Concluding observations.
