Direct and indirect effects of reducing so 2 emissions: experimental calculations on the msg 4e model

Abstract

Preliminery estimates of impacts of regulating SO emissions from manufacturing sectors are made. Only emissions pertaining 2 to fuel use are included in the regulation. Direct and indirect effects are considered and it is shown that indirect (general equilibrium) effects on the reduction of emissions are neglectible. Indirect costs of the control policy are, however, not neglectible