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Greenhouse gas emissions trading in U.S. States: observations and lessons from the OTC NOx Budget Program

Book ·
OSTI ID:20712286
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  1. World Resources Institute, Washington, DC (United States). Sustainable Enterprise Program
A number of U.S. states are considering market-based policies to reduce emissions of greenhouse gases (GHGs). The experience gained from emissions trading for sulfur dioxide and oxides of nitrogen (NOx) offers a useful body of information and data to draw on to design a GHG emissions trading system. This report examines NOx trading under the Ozone Transport Commission (OTC) NOx Budget Program, which resulted principally from the leadership, decisions, and actions by a group of states, ultimately becoming the first multilateral cap-and-trade system for emissions of air pollutants. 72 refs.
OSTI ID:
20712286
Country of Publication:
United States
Language:
English