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A Model of Emission Trading for Minimizing the Cost of Air Pollution Control from Belgian Power Plants

Author

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  • Walter Hecq
  • Bruno Kestemont

Abstract

In Belgium recent national and community legislation regulates emission levels of "acid pollutants" (SO2, NOx) and apply to large combustion facilities whose pollutants are transported over large distances. Complying with these legislations requires costly emission control equipment. In order to minimize the costs of clean-up operations, this paper analyses the potentialities of an emission trading programme by means of a linear programming model. Six retrofit power plants have been chosen to test the model. As the results suggest, substantial credits are obtained for either SO2 or NOx emissions reduction.

Suggested Citation

  • Walter Hecq & Bruno Kestemont, 1991. "A Model of Emission Trading for Minimizing the Cost of Air Pollution Control from Belgian Power Plants," ULB Institutional Repository 2013/65346, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:ulb:ulbeco:2013/65346
    Note: This is a translation of: A Model of Emission Trading for Minimizing the Cost of Air Pollution Control from Belgian Power Plants
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    References listed on IDEAS

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    1. Walter Hecq, 1984. "ECONOMIC AND ECOLOGICAL ASSESSMENT OF THREE ELECTRICAL POWER PLANTS: COAL, PITCH AND NUCLEAR POWER. THE INTEGRATION OF DAMAGE COST IN kWh COST PRICE AND COMPARISONS," ULB Institutional Repository 2013/136387, ULB -- Universite Libre de Bruxelles.
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    Cited by:

    1. Wang, Earl-Juei & Jaraiedi, Majid & Torries, Thomas F., 1996. "Modelling long-run cost minimization and environmental provisions for utility expansion," Energy Economics, Elsevier, vol. 18(1-2), pages 49-68, April.
    2. Speir, Cameron & Stephenson, Kurt & Shabman, Leonard A., 2000. "Command-And-Control Or Effluent Allowance Markets: Roles Of Economic Analysis," 2000 Annual meeting, July 30-August 2, Tampa, FL 21869, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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      More about this item

      Keywords

      emission trading; linear programming model; power plants; SO2; NO;
      All these keywords.

      JEL classification:

      • F18 - International Economics - - Trade - - - Trade and Environment
      • Q52 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Pollution Control Adoption and Costs; Distributional Effects; Employment Effects
      • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling

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