The SO2 allowance trading system¶
Schmalensee, R., & Stavins, R. N. (2013). The SO2 allowance trading system: the ironic history of a grand policy experiment. Journal of Economic Perspectives, 27(1), 103-122.
Cited by¶
2 citations across 2 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Externality
- Measured outcomes: Emissions fell roughly 40% by 2000 and over 70% by 2010, at costs far below ex-ante regulatory estimates (Schmalensee-Stavins 2013)
This sourceSUPPORTS the cap-and-trade-internalization empirical claim (149).
Supported in partVerified against the publisher's abstract
The abstract confirms only that the SO2 cap-and-trade system performed well and was cost-effective; it states none of the claim's figures (40% by 2000, 70%+ by 2010) or the cost comparison, so the quantitative half is unverified.
“That system performed well but created four striking ironies”
- Measured outcomes: Emissions fell roughly 40% by 2000 and over 70% by 2010, at costs far below ex-ante regulatory estimates (Schmalensee-Stavins 2013)
Domain-specific¶
- Policy Design
- Emissions fell substantially and at far lower cost than command-and-control projections, and the program became the reference design for later cap-and-trade schemes
This sourceA retrospective assessment that the SO2 cap-and-trade system performed well and cost-effectively, though with ironies including the later collapse of the market.
Supported in partVerified against the publisher's abstract
“That system performed well but created four striking ironies”
- Emissions fell substantially and at far lower cost than command-and-control projections, and the program became the reference design for later cap-and-trade schemes
Verification¶
Does it exist? Confirmed. This work's DOI resolves to a registered record, which fixes its identity. That is all it fixes.
Does it back the claim? Read against the text for 2 of 2 citations: 2 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.
Support is checked per citation rather than per work — the same source can be cited soundly in one article and wrongly in another. Per-citation recording began recently, so a citation with no recorded check is a gap in the record rather than evidence it went unchecked.
See how references were verified.
Registry ID ref:9cb66738b419 · see in the full table