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Ellerman, A. Denny
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Sources of Emission Reductions: Evidence from U.S. SO2 Emissions from 1985 through 2002
This paper describes database studies that have examined where the greatest emission reductions in sulfur dioxide have occurred over the past twenty years. Specifically, the paper examines whether reductions have come...
Are Cap-and-Trade Programs more Environmentally Effective than Conventional Regulation?
This working paper, created by Denny A. Ellerman of the Massachusetts Institute of Technology, explores the consequences of cap-and-trade policies, where the total air pollutant emissions of a whole set of polluters are...
Absolute vs. Intensity-Based Emission Caps
As governments begin to consider regulation of greenhouse gases, many are turning to market-based initiatives. Such programs assign emitters a certain share of emissions, and allow them to trade for emissions rights in...
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