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Acid Rain Pollutants As An Asset Class

In: SUSTAINABLE INVESTING AND ENVIRONMENTAL MARKETS Opportunities in a New Asset Class

Author

Listed:
  • Richard Sandor
  • Murali Kanakasabai
  • Rafael Marques
  • Nathan Clark

Abstract

“Acid rain” is a broad term referring to a mixture of wet and dry deposition from the atmosphere containing higher-than-normal amounts of nitric and sulfuric acids. It has been virtually eradicated in the United States. Emissions of sulfur dioxide (SO2) and nitrogen oxides (NOx), the main precursors of acid rain, have declined more than 75% from their 1980 levels. In addition, the reductions in SO2 and NOx have dramatically reduced health costs associated with lung disease — the main impact of SO2 and NOx emissions on humans — at a minimal cost to the economy. The eradication of acid rain helped reduce smog, prevented damage to forests, and reduced acidification of lakes and rivers…

Suggested Citation

  • Richard Sandor & Murali Kanakasabai & Rafael Marques & Nathan Clark, 2014. "Acid Rain Pollutants As An Asset Class," World Scientific Book Chapters, in: SUSTAINABLE INVESTING AND ENVIRONMENTAL MARKETS Opportunities in a New Asset Class, chapter 3, pages 35-58, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789814612449_0003
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