A Deeper Look at Tradeable Allowances

Title:
A Deeper Look at Tradeable Allowances
Description:

Since the passage of the Clean Air Act, SO2 emissions have decreased by 35%. Part of this is due to tradable allowances, which created a market solution to the external costs of SO2 emissions. In this video, we look at the lessons of tradable allowances for SO2 and see if a similar market-based solution could work to decrease other pollutants, such as CO2.

Microeconomics Course: http://mruniversity.com/courses/principles-economics-microeconomics

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Video Language:
English
Team:
Marginal Revolution University
Project:
Micro
Duration:
06:01
http://www.youtube.com/watch?v=oAuPT_wiFgc
Format: Youtube
Primary
Original
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Added   by MRU2
Format: Youtube
Primary
Original
Synced
This video is part of the Marginal Revolution University team.

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