文章基本信息

标题：The Future(s) of Pollution Control: The Case of the Acid Rain Program
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作者：McLemore, Donna L. ; Keeler, Andrew G. ; Turner, Steven C. 等
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：1994
期号：suppl
页码：69-84
出版社：Journal of Agribusiness
摘要：This study examines the potential success of the futures contract in SO2 Emissions Allowances. Factors affecting the success of the futures contract are presented including the uncertainties of air pollution and public utility regulation, emission control technology, electricity demand, and electric utility needs for an allowance price discovery mechanism for long-range compliance planning under risk. If SO2 futures market is successful, there is some potential for expanding futures trading to other pollutants. Since SO2 is uniquely suited to a national market, duplication of SO2 futures for other pollutants may be difficult.
关键词：Clean Air Act (CAA) Amendments of 1990;Electric utilities;Tradable permits;Emission Allowance (EA);Acid Rain Program (ARP);Futures contract;Sulfur dioxide (SO2)