The Potential Use of Market Mechanisms in the Control of Acid Rain : Research Report

Potential for market mechanisms to assist in the implementation of policies to control acid rain can be analyzed from three viewpoints; theoretical, experience of their use in other countries, and simulations of their use in this country.

This study, which focuses on static sources of sulphur dioxide, draws from all three to offer guidance on the practical benefits which could be expected to flow from introduction of such policies and the best way to introduce them.

The two main types of market mechanism explored are emission charges and tradeable permits to emit.

Recommendations are given in the conclusion.