Macroeconomic Impact of Environmental Policy on Acid Rain

In this article, section 2 describes the acid rain problem. Section 3 describes environmental policy on SO2 reductions. Section 4 describes the methodology used to analyse the effect of economic activity on the level of SO2 emissions, and the impact of the policy to reduce acid rain on the Irish economy. Section 5 describes a number of strategies proposed to achieve the environmental targets. Section 6 describes the macroeconomic and environmental impacts of each strategy, while section 7 outlines the conclusions from the analysis.