Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 66024
Title Trading sulphur emissions in Europe: 'Guided Bilateral Trade'
Author(s) Kruitwagen, S.; Folmer, H.; Hendrix, E.M.T.; Hordijk, L.; Ierland, E. van
Source Environmental and Resource Economics 16 (2000). - ISSN 0924-6460 - p. 423 - 441.
Department(s) Economics of Consumers and Households Group
Environmental Economics and Natural Resources Group
Environmental Systems Analysis Group
Operations Research and Logistics
Publication type Refereed Article in a scientific journal
Publication year 2000
Keyword(s) luchtverontreiniging - zwavel - verontreinigingsbeheersing - eu regelingen - depositie - air pollution - sulfur - deposition - pollution control - eu regulations
Categories Environmental Protection
Abstract In this paper a system of `guided permit trading' is developed for SO2 emissions reduction which considers permit trading as a bilateral and sequential process. This implies that in order to meet the deposition targets at the end of the trading process, not every single trade transaction has to meet the deposition targets. To ensure that the target is ultimately met, the number of permits traded should be controlled by a trade coordinating institution. A simulation of the system of guided bilateral trading of SO2 permits among European countries on the basis of the Second SO2 Protocol indicates that some non-profitable trade transactions take place. This prevents the cost effective emission allocation from being fully achieved. However, the calculations show that guided bilateral permit trading may generate substantial cost savings while contributing to environmental protection.
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