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Cost-Effective Control of Urban Smog: The Significance of the Chicago Cap-and-Trade Approach book cover

1st Edition

Cost-Effective Control of Urban Smog The Significance of the Chicago Cap-and-Trade Approach

By Richard Kosobud, Houston Stokes, Carol Tallarico, Brian Scott Copyright 2006
208 Pages 19 B/W Illustrations
by Routledge

202 Pages 19 B/W Illustrations
by Routledge

208 Pages 19 B/W Illustrations
by Routledge
Also available as eBook on:
Containing rigorous hard evidence, this book is of immense practical use to postgraduates, researchers and business communities affected by or working in environmental regulation. The author, a leading name in the environmental economics community, examines the problem of urban smog in cityscapes and the difficulty of achieving cost-effective controls. Analyzing the key areas of urban smog,... Read more

1. Introduction  2. The Political Economy of the Chicago Market  3. Expectations and Actual Performance  4. Traditional Regulations and Market Incentives  5. Simulated Performance of Alternative Market  6. Explaining Unanticipated Market Performance  7. Hot Spots, Spikes, and Emissions Trading  8. Alternative Market Designs: The Experimental Approach  9. Conclusions and Policy Recommendations for Market Redesign  Appendix A. Measurement of Daily Ozone and Precursor Concentrations and Selected Meteorological Variables  Appendix B. Explanation of Generalized Least Squares (GLS) and Generalized Additive Models (GAM) Estimation Techniques

Biography

Richard Kosobud, Houston Stokes, Carol Tallarico, Brian Scott

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