Richard Kosobud, Houston Stokes - Cost-Effective Control of Urban Smog:
The Significance of Chicago Cap-and-Trade Approach
Routledge | 2006 | ISBN: 041570202X | Pages: 177 | PDF | 5.22 MB
Many large urban areas have health and visibility problems due to ozone precursor emissions and low-level ozone concentrations, but have yet to find flexible and cost-effective regulatory measures to deal with these issues.
This book analyzes the performance of a pioneering cap-and-trade market recently established to reduce emissions in a more flexible and cost-effective manner than prescriptive or traditional regulation. The results should be of special interest to urban areas confronted by complex pollution problems requiring new regulatory and implementation approaches.
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