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• W4380488828 abstract "Reducing greenhouse gas emissions is necessary to meet climate goals, but these emissions are not the only harmful bi-products of fossil-fuel combustion. This paper shows how a regional cap-and-trade program designed to regulate CO2 emissions affects the release of federally-regulated toxins in the Toxics Release Inventory. We find that the program reduces toxic releases from coal-fired electric plants by 78%, and that harmful metal releases (e.g., lead, mercury) have fallen by 54%. There is no evidence of spillovers into non-adopting areas. This unintended beneficial effect of the carbon dioxide cap-and-trade policy provides compelling evidence of the co-abatement of harmful compounds alongside greenhouse gas emissions." @default.
• W4380488828 created "2023-06-14" @default.
• W4380488828 creator A5019298056 @default.
• W4380488828 creator A5054295002 @default.
• W4380488828 date "2023-06-13" @default.
• W4380488828 modified "2023-09-27" @default.
• W4380488828 title "Spillover benefits of carbon dioxide cap and trade: Evidence from the Toxics Release Inventory" @default.
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• W4380488828 doi "https://doi.org/10.1111/ecin.13162" @default.
• W4380488828 hasPublicationYear "2023" @default.
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