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Companies and Regulators in Emissions Trading Programs

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  • Kruger, Joseph

Abstract

Much has been written about the economic and environmental performance of U.S. emissions trading programs for “acid rain” (sulfur dioxide) and nitrogen oxides. Less explored have been the unique roles and interactions of environmental regulators and the companies they regulate. I first examine how these roles change the way that regulators and companies operate within their own organizations and with each other. Next, I use examples from U.S. trading programs to illustrate the design and administrative features that allow program administrators and industry to best fulfill their respective roles. Finally, I examine briefly whether these features are present in the EU Emissions Trading System and determine the implications for its effectiveness.

Suggested Citation

  • Kruger, Joseph, 2005. "Companies and Regulators in Emissions Trading Programs," RFF Working Paper Series dp-05-03, Resources for the Future.
    • Handle: RePEc:rff:dpaper:dp-05-03
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    File URL: http://www.rff.org/RFF/documents/RFF-DP-05-03.pdf
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    References listed on IDEAS

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    1. Dallas Burtraw, 1996. "The So2 Emissions Trading Program: Cost Savings Without Allowance Trades," Contemporary Economic Policy, Western Economic Association International, vol. 14(2), pages 79-94, April.
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    Cited by:

    1. Kruger, Joseph, 2005. "From SO2 to Greenhouse Gases: Trends and Events Shaping Future Emissions Trading Programs in the United States," Discussion Papers 10819, Resources for the Future.
    2. Kruger, Joseph, 2005. "From SO2 to Greenhouse Gases: Trends and Events Shaping Future Emissions Trading Programs in the United States," RFF Working Paper Series dp-05-20, Resources for the Future.
    3. Albert Czerny & Peter Letmathe, 2017. "Eco‐efficiency: GHG reduction related environmental and economic performance. The case of the companies participating in the EU Emissions Trading Scheme," Business Strategy and the Environment, Wiley Blackwell, vol. 26(6), pages 791-806, September.
    4. Sandoff, Anders & Schaad, Gabriela, 2009. "Does EU ETS lead to emission reductions through trade? The case of the Swedish emissions trading sector participants," Energy Policy, Elsevier, vol. 37(10), pages 3967-3977, October.

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    Keywords

    emissions trading; climate change; environmental management; information technology;
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