A Decade of SO2 Allowance Auctions

Richard L. Sandor

Chapter 27 in How I Saw It:Analysis and Commentary on Environmental Finance (1999–2005), 2017, pp 111-114 from World Scientific Publishing Co. Pte. Ltd.

Abstract: It hardly seems newsworthy. The Environmental Protection Agency’s (EPA) 10th annual auction of sulfur dioxide (SO2) allowances conducted by the Chicago Board of Trade (CBOT) on 25 March provided no surprises. But, we think it is newsworthy precisely because of its routine results. It also provides us with an opportunity to describe the anatomy of an auction…

Keywords: Environment; Emissions; Trading; Finance; Derivatives; Water; Energy; Carbon; Catastrophe; Weather; Sustainability; Fisheries; Greenhouse Gases; Sulfur Dioxide; Acid Rain (search for similar items in EconPapers)
JEL-codes: Q50 (search for similar items in EconPapers)
Date: 2017
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