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Emissions trading comes of age as a strategic tool

Journal Article · · Electrical World
OSTI ID:232493
Trading of emissions credits has quickly evolved from a curiosity to a viable compliance strategy for electric utilities and power-generating industrial firms. A sure sign that emissions trading has matured is the entry of power marketers onto the scene; in bundling pollution allowances with their electricity offerings, they are making their product more attractive - and stealing a page from the coal companies` strategy book to boot. Although most current activity involves credits for sulfur dioxide (SO{sub 2}), nitrogen oxide (NO{sub x}) trading is under way in certain areas as well, although NO{sub x} markets are local and thus slower to develop. However, utilities see economic development potential in this area; some are providing NO{sub x} credits to their industrial customers to help them comply with environmental regulations - and to retain their loyalty when deregulation affords them a choice of electricity suppliers. This paper briefly discusses the issues related to emissions trading.
OSTI ID:
232493
Journal Information:
Electrical World, Journal Name: Electrical World Journal Issue: 3 Vol. 210; ISSN 0013-4457; ISSN ELWOA3
Country of Publication:
United States
Language:
English