The demand for air quality depends on health impacts and defensive investments that improvehealth, but little research assesses the empirical importance of defenses. We study the NOxBudget Program (NBP), an important cap-and-trade market for nitrogen oxides (NOx) emissions,a key ingredient in...

Willingness to pay for air quality is a function of health and the costly defensive investments that contribute to health, but there is little research assessing the empirical importance of defensive investments. The setting for this paper is a large US emissions cap and trade market - the NOx...

Demand for air quality depends on health impacts and defensive investments that improve health, but little research assesses the empirical importance of defenses. We study an important cap-and-trade market, which dramatically reduced NOx emissions, a key ingredient in ozone formation. A rich...

Ground-level ozone has been shown to have significant health consequences from short-term exposure, and as such has been regulated in the U.S. since the 1970s by the Environmental Protection Agency (EPA). Ozone is not emitted directly; instead formation occurs due to a complex, Leontief-like...

Willingness to pay for air quality is a function of health and the costly defensive investments that contribute to health, but there is little research assessing the empirical importance of defensive investments. The setting for this paper is a large US emissions cap and trade market - the NOx...

The Montreal Protocol is considered the most successful international environmental treaty. Its effectiveness has made it a model for other agreements, but its power goes beyond protecting the stratospheric ozone layer. Much of the implementing legislation appears in Title VI of the Clean Air...

Continuous measurements of ozone (O3) and nitrogen oxides (NOx=NO+NO2) were conducted from 2007 to 2019 in Hong Kong in order to evaluate the effectiveness of control strategies for NOx emission from diesel commercial vehicles (DCV). DCV control programs were periodically applied in three phases...

Non-methane hydrocarbons (NMHCs) are a group of low molecular weight compounds containing only hydrogen and carbon atoms in the C 2 -C 12 range, not only acts as a major precursor for the formation of O 3 through oxidation, but also cause several health problems. Cooking oil fume (COF) is one of...

Previous studies on ozone pollution primarily focus on the characterization of ozone on a large regional scale, yet much less attention has been paid towards the contrast between urban and surrounding suburban-rural areas. As anthropogenic emissions are projected to decrease in the coming...