Cooperative and market-based solutions to pollution abatement problems

This work concerns itself with the possibility of solutions, both cooperative and market based, to pollution abatement problems. In particular, we are interested in pollutant emissions in Southern California and possible solutions to the abatement problems enumerated in the 1990 Clean Air Act. A tradable pollution permit program has been implemented to reduce emissions, creating property rights associated with various pollutants.

Before we discuss the performance of market-based solutions to LA's pollution woes, we consider the existence of cooperative solutions. In Chapter 2, we examine pollutant emissions as a trans boundary public bad. We show that for a class of environments in which pollution moves in a bi-directional, acyclic manner, there exists a sustainable coalition structure and associated levels of emissions. We do so via a new core concept, one more appropriate to modeling cooperative emissions agreements (and potential defection from them) than the standard definitions.

However, this leaves the question of implementing pollution abatement programs unanswered. While the existence of a cost-effective permit market equilibrium has long been understood, the implementation of such programs has been difficult. The design of Los Angeles' REgional CLean Air Incentives Market (RECLAIM) alleviated some of the implementation problems, and in part exacerbated them. For example, it created two overlapping cycles of permits and two zones of permits for different geographic regions. While these design features create a market that allows some measure of regulatory control, they establish a very difficult trading environment with the potential for inefficiency arising from the transactions costs enumerated above and the illiquidity induced by the myriad assets and relatively few participants in this market.

It was with these concerns in mind that the ACE market (Automated Credit Exchange) was designed. The ACE market utilizes an iterated combined-value call market (CV Market). Before discussing the performance of the RECLAIM program in general and the ACE mechanism in particular, we test experimentally whether a portfolio trading mechanism can overcome market illiquidity. Chapter 3 experimentally demonstrates the ability of a portfolio trading mechanism to overcome portfolio rebalancing problems, thereby inducing sufficient liquidity for markets to fully equilibrate.

With experimental evidence in hand, we consider the CV Market's performance in the real world. We find that as the allocation of permits reduces to the level of historical emissions, prices are increasing. As of April of this year, prices are roughly equal to the cost of the Best Available Control Technology (BACT). This took longer than expected, due both to tendencies to mis-report emissions under the old regime, and abatement technology advances encouraged by the program. Vve also find that the ACE market provides liquidity where needed to encourage long-term planning on behalf of polluting facilities.

Economic Evaluation of Energy Efficiency Labelling in Domestic Appliances: the Spanish Market

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On the feeding of freshwater ostracods. [Translation of: Zoologicheskij zhurnal, 27(2), 1948, 125-136]

The present work appertains to a series of investigations in the field of trophodynamics of water bodies conducted by the department of hydrobiology ”Mosrybvtuza” under the leadership of Prof. Director N.S. Gaevska. Usually with quantitative collections of benthos ostracoda are hardly taken account of. But with the employment of special methods it is possible to be convinced that they are encountered in massive numbers. The role of ostracods in the nutrition of fish is recognised as important by many authors. On the question of the feeding of ostracods, in the literature there are only the fragmentary indications about the occurrence in the gut of ostracods of algae (diatoms, desmids) and detritus. The study of the feeding of ostracods was conducted both by the method of dissecting the guts of ostracods taken from natural waters, and by the method of feeding ostracods under laboratory conditions with a variety of food objects. Moreover, with a view to revision of obtained quantitative data, for determination of food requirements of ostracods the respiration method was applied.

Occurrence of the Macrocyclops distinctus (Richard) (Copepoda, cyclopoidida) in Rybinsk reservoir. [Translation of: Materialy po biologii i gidrologii Volzhskikh Vodokhranilishch. Moscow, Leningrad 1963, pp. 13-16]

This brief chapter describes the occurrence Macrocyclops distinctus in the littoral zone of the Rybinsk Reservoir. Sampling was undertaken in summer and autumn 1961. In order to facilitate distinction of M. distinctus and Macrocyclops fuscus the author presents drawings of the whole species and certain characteristic parts of the body, and also gives a description of M. distinctus, comparing it with M. fuscus.

Observations on the behaviour of Polyphemus pediculus and functions of its extremities in the process of feeding. [Translation of: Materialy po biologii i gidrologii Volzhskikh vodokhranilishch, pp. 13-16. Moscow, 1965]

The author summarises observations on the behaviour of Polyphemus pediculus and functions of its extremities in the process of feeding. The crustacean Polyphemus pediculus seizes its prey, kills it and pulverises its food with the help of its extremities. Therefore for a study of its feeding method was necessary not only to have been acquainted in detail with the structure of its extremities, but also to have observed their interaction for the accomplishment of the stated functions.

On the sensillae of the limbs of Cladocera. [Translation of: Zoologicheskie Zhurnal 46, 286-288, 1967]

Sensillae of the limbs of Cladocera are described with emphasis on Eurycercus lamellatus.

Structure of the limbs and its significance for the ecology and systematics of the family Chydoridae. [Translation of: Voprosy Gidrobiologii, p385, 1965]

For an explanation of the dynamics of numbers of chydorids, appearing a massive group in the littoral of fresh water bodies, the structure of the limbs of 29 species was studied.

On the nutrition of the predatory cladocerans Leptodora and Bythotrephes. [Translation of: Byulleten' Institute Biologii Vodokhranilishch 6, pp. 21-22, 1960]

Results of the investigation on certain problems of the nutrition of Leptodora and Bythotrephes in Rybinsk Reservoir (Russia) are reviewed. To clarify the composition of the food of Leptodora and Bythotrephes in this period, experiments were provided on their nutrition by cyclopids and rotifers.

Contribution to the biology and geographical distribution of Aegagropila sauteri (Nees) Kutz. [Translation of: Gidrobiologicheskie Zhurnal, Kiev 4(3), 68-69, 1967]

Aegagropila sauteri is a peculiar green algae, the branched thalli of which, according to the amount of growth, forms velvety spheres of a diameter of 3-4, sometimes to 5-6 cm. and bigger. Investigators attribute it to a special genus of green algae. The authors examine Aegagropila sauteri in Lake Markakol (Kazakhstan).

The state of the benthos in the Rybinsk reservoir, 1953-55. [Translation of the abstract from: Trudy biol. Sta. Borok 3, 195-213, 1958]

This abstract summarises the 1953-1955 surveys of the distribution of benthos in the Rybinsk Reservoirs. It includes the mean biomass of benthos.

The influence of blue-green algae on development of the zooplankton. [Translation of: Byull.mosk.Obshch.Ispyt.Prir.(Biol.) 67, 128-131, 1962]

Many have observed the reduction of the quantity of zooplankton in the presence of water blooms. It is known that in seas zooplankton as it were avoids places of accumulation of blue-green algae. By observations on one of the tributaries of the Rybinsk reservoir - the River Shumorovka - the authors tried by simultaneous collections to trace the changes in numbers, not only of zoo- and phytoplankton but also of bacteria. The plankton was collected by quantitative nets with suitable numbers of gauze and bacteria were taken account of by the method of direct calculation on membrane filters. It can be seen that the development of blue-green algae appears as an important factor, determining not only the intensity but also the direction of the process of production of zooplankton.

Production of the chironomids of the Uchinsk Reservoir. [Translation of: Methods for the estimation of production of aquatic animals. (Handbook and papers) (ed. G. G. Vinberg) p226-239. Minsk, Vysheishaya Shkola, 1968]

The method of E.V. Borutski was used for determining the production of chironomids, that is, the dynamics of the number and biomass of the larvae were analysed, their death, a calculation of emergence and the number of deposited egg layings was carried out. In addition to the method of Borutski, the authors also calculated the seasonal dynamics of the number of larvae of the younger age stages in the microbenthos.

Megacylops viridis Jurine, abyssal form in Lake Maggiore. [Translation of: Memorie dell'Istituto Italiano di Idrobiologia Dott.Marco de Marchi 17 57-79, 1964]

Megacyclops viridis Jurine, noticed in Lago Maggiore in 1912 by De Marchi from the littoral vegetation of Pallanza, is a normal member of the littoral plankton of the lake. The subgenus Megacyclops, created by Kiefer in his revision of the viridis-vernalis group, contains european and american species some of which are today considered as varieties of the species viridis. This paper examines morphology and of the distribution of the Italian viridis in Lake Maggiore.

Mastigophora and Rhizopoda found in saline lakes Weissovo and Repnoie (near Slaviansk). Selected passages describing Ochromonas species and Pedinella. [Translation of: Trudy Obshch.Ispyt.Prir.imp.khar'kov.Univ. 21 119-140, 1888]

This translation includes selected passages of a longer paper on Mastigophora and Rhizopoda found in saline lakes Weissovo and Repnoie. The translation focuses on describing taxonomy and morphology of Ochromonas species and Pedinella. Plates and figures of the original paper are not included in the translation.