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U.S. Department of Energy
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Statutes and stopping points: building a better bubble at EPA

Journal Article · · Regulation; (United States)
OSTI ID:5611080
Variations of the bubble concept, such as the bubble or dome approach, offsets, netting, and emissions banking, have forced regulators, industry, and environmental groups to confront both the benefits and possible disadvantages of grafting incentive-based approaches onto the Clean Air Act. The author examines the costs and benefits of these incentives and the importance of recognizing that there are valid stopping points that acknowledge the need for interim progress and the bubble's ability to secure it. New Environmental Protection Agency regulations will tighten requirements for nonattainment-area bubbles in ways that make trades easier to use. The agency will not debate again whether trades are impermissible because their reductions might have happened anyway. The new rulings may lose some Clean Air Act reductions, but more real-world environmental progress will be made. 4 references.
Research Organization:
Environmental Protection Agency, Washington, DC
OSTI ID:
5611080
Journal Information:
Regulation; (United States), Journal Name: Regulation; (United States); ISSN REGUD
Country of Publication:
United States
Language:
English