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...and what comes to mind are destroyed woodlands, buildings that are being eroded and people getting damaged lungs. Acid rain, as a pollutant in Canada, is nothing to fool around with – it could be considered one of the main environmental issues of Canada during the latter half of the 20th century.
Yet acid rain is not necessarily the fault of Canada – in fact, to the south, lies an equally culpable party; the United States. Because acid rain doesn’t respect any type of international boundary, the U.S. is just as much at fault of getting the pollutants into the air as Canada is (and perhaps even more so).
But can abatement come about through some logical, economic reasoning about factors such as efficiencies, equities and forces? In this paper, we’ll attempt to examine acid rain based on these subjects, and through economic analysis, attempt to suggest other ways that the...