SB 247 also would set aside $3 million to reimburse landlords for 75 percent of
abatement cost, and the total cost if the property owner can demonstrate financial need.
Similarly, equation (4) may be viewed as the polluter's marginal
abatement cost (MAC) set of points, a negatively sloped relationship.
Thus, use of the tax bill is an attractive option for nuisance
abatement cost recovery in that it is both efficient and effective when other attempts to collect on a bill have failed.
59) Although trading reduces
abatement cost, relative to a
Firms can invest in a new end-of-pipe technology that enables them to reduce the cost of abating emissions from the
abatement cost function c(e) to the function [theta]c(e).
Dalehite, Mikesell, and Zorn (2005) offer a categorization of differences in state and local government abatement programs in the United States based on: (1) authority that grants abatement, (2) level of government bearing
abatement cost, (3) type of property that is abatement eligible, (4) criteria the firm must meet to receive abatement, (5) specific form of abatement, (6) property type receiving the abatement exemption, (7) maximum percentage value of abatement to normally due property taxes, maximum years abatement granted, and (8) special consideration given for abatement termination (claw back).
And therefore, the aforementioned optimal tax determines the application of strategic policies under specific conditions that are related to the structure of costs of the firms, specifically the amount of the
abatement cost by unit of pollution and its relation with the marginal disutility of polluting.
It also presents the intimate relationship between the EKC and the evolution of each type of pollution
abatement cost and a set of strategic options for flattening the EKC, proving that, if applied correctly, these strategic options could determine the achievement of environmental compliance at a lower level of GDP per capita.
It will also provide delegates with an explanation of the theory of marginal
abatement cost curves and practical examples for NPV and payback.
With a full third of compliance obtained from allowance trade with the US, the
abatement cost differentials between the two countries, at least under these scenarios, would suggest that linked trade is a very important flexibility mechanism.
Census Bureau, 2008 "Pollution
Abatement Cost and Expenditures, 2005.
It then offers the McKinsey greenhouse gas
abatement cost curve, as a tool for assessing the potential benefits of various actions and comparing the results with the expected costs.
