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The Clean Air Act Amendments (CAAA) of 1990 will have a major impact on U.S. coal markets. We argue that coal suppliers will be able to use the market in sulfur dioxide emissions allowances created by the CAAA to increase the range of their competitive strategies in their core business, coal.
Persistent link: https://www.econbiz.de/10005671854
The main result of this paper is that when two asymmetric regions compete in pollution taxes to attract a polluting … that incomplete information on regions' pollution costs may lead to a bias towards location in a region that does not …'' marginal cost of pollution. Also, this bias tends to disappear with large discrepancies in production costs. …
Persistent link: https://www.econbiz.de/10005781094