This honors thesis will examine current and theoretical "cap and trade" emissions trading schemes in an attempt to make recommendations on how to improve this regulated commodity market. The various control mechanisms available to regulators will be discussed: including allocation methodology,...

This paper deals with the effects of uncertainty and risk aversion on market outcomes for SO{sub 2} emission allowance prices and on electric utility compliance choices. The 1990 Clean Air Act Amendments (CAAA) provide about twice as many SO{sub 2} allowances to be issued per year in Phase I...

The United States Environmental Protection Agency (EPA) published proposed Effluent Limitation Guidelines and New Source Performance Standards for the Offshore Subcategory of the Oil and Gas Extraction Point Source Category on March 13, 1991 (56 FR 10664). These guidelines include limitations...

This paper deals with the effects of uncertainty and risk aversion on market outcomes for SO{sub 2} emission allowance prices and on electric utility compliance choices. The 1990 Clean Air Act Amendments (CAAA), which are briefly reviewed here, provide for about twice as many SO{sub 2}...

This case study focuses on the potential for a carbon tax ($25 and $100 per metric ton of carbon) to reduce energy use and associated carbon dioxide (CO[sub 2]) emissions in three subsectors of the stone, clay, and glass industry: hydraulic cement, glass and glass products, and other products. A...

Conventional wisdom in the US is that firms face a trade-off between environmental efforts and profit because of the belief that environmental protection invariably involves costs that reduce profits. Firms, therefore, generally perceive environmental protection as an impediment to their goal of...

This report summarizes the findings of the first phase of a study undertaken to define a role for the Advanced Industrial Concepts (AIC) Division of the Office of Industrial Technologies (OIT) in developing waste minimization technologies for the industrial sector. The report describes the...

The United States Environmental Protection Agency (EPA) published proposed Effluent Limitation Guidelines and New Source Performance Standards for the Offshore Subcategory of the Oil and Gas Extraction Point Source Category on March 13, 1991 (56 FR 10664). These guidelines include limitations...

The Clean Air Act Amendments of 1990 (hereafter CAAA) have created a market-based mechanism that is designed to employ a profit-oriented incentive to enable electric utilities to reduce SO{sub 2} emissions at the least cost. One of the most important challenges facing state regulatory utility...