Where is Pollution Moving? Environmental Markets and Environmental Justice / Joseph S. Shapiro, Reed Walker.

Format:

Book

Author/Creator:

Shapiro, Joseph S.

Contributor:

National Bureau of Economic Research.

Walker, Reed.

Series:

Working Paper Series (National Bureau of Economic Research) no. w28389.

NBER working paper series no. w28389

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2021.

Summary:

Do US air pollution offset markets disproportionately relocate pollution to or from low-income or minority communities? Concerns about an equal distribution of environmental quality across communities--environmental justice--have growing policy influence. We relate prices and quantities of offset transactions to demographics of the communities surrounding polluting plants. We find little association of offset prices or offset-induced movements in pollution with the share of a community that is Black, Hispanic, or with mean household income. This analysis of twelve prominent offset markets suggests that they do not substantially increase or decrease the equity of environmental outcomes.

Notes:

Print version record

January 2021.