Emissions trading: an exercise in reforming pollution policy
Book
·
OSTI ID:5484242
The Clean Air Act's approach toward stationary sources involves the specification of emission standards (legal ceilings) on all major emission sources. These standards are imposed on a large number of specific emission points such as stacks, vents, or storage tanks. The emissions trading program attempts to inject more flexibility into the manner in which the objectives of the Clean Air Act are met. Sources are encouraged to change the mix of control technologies in the standards as long as air quality is improved or at least not adversely affected by the change. The concept and cost of the programs are discussed.
- OSTI ID:
- 5484242
- Country of Publication:
- United States
- Language:
- English
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