Incentive mechanisms as a strategic option for acid rain compliance

Conference · Tue Jan 01 04:00:00 EST 1991

OSTI ID:6673654

South, D W; Bailey, K A; McDermott, K A

Title IV of the Clean Air Act Amendments (CAAA) of 1990 (P.L. 101--549) establishes the use of flexible emission compliance strategies for electric utilities to reduce the emissions of add precursors (SO[sub 2], NO[sub 2]). To control SO[sub 2] emissions, tradeable emission allowances will be used; NO[sub 2] emissions will be controlled by an emission standard, but a utility is permitted to average NO[sub 2] emissions systemwide to meet the standard. Both of these policies promote flexibility and cost savings for the utility while achieving the prescribed emission reduction goals of P.L. 101--549. The use of SO[sub 2] emission allowances has two notable benefits: A utility has the choice of a wide range of compliance methods allowing it to minimize compliance costs and second; the use of transferable emission allowances promote technological innovation with respect to emissions reduction/control. This report discusses the use of regulatory incentives towards the achievement of a Title IV goal of cost reduction of SO[sub 2] emissions.

• Research Organization: Argonne National Lab., IL (United States)
• Sponsoring Organization: DOE; USDOE, Washington, DC (United States)
• DOE Contract Number: W-31109-ENG-38
• OSTI ID: 6673654
• Report Number(s): ANL/CP-75646; CONF-9111278--1; ON: DE93004233
• Country of Publication: United States
• Language: English

Related Subjects

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200600 -- Fossil-Fueled Power Plants-- Economic
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29 ENERGY PLANNING, POLICY, AND ECONOMY
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54 ENVIRONMENTAL SCIENCES
540220 -- Environment
Terrestrial-- Chemicals Monitoring & Transport-- (1990-)
ACID RAIN
AIR POLLUTION
AIR POLLUTION CONTROL
ATMOSPHERIC PRECIPITATIONS
CHALCOGENIDES
COMPLIANCE
CONTROL
ELECTRIC UTILITIES
FOSSIL-FUEL POWER PLANTS
LAWS
MARKET
NITROGEN COMPOUNDS
NITROGEN OXIDES
OXIDES
OXYGEN COMPOUNDS
POLLUTION
POLLUTION CONTROL
POLLUTION LAWS
POWER PLANTS
PUBLIC UTILITIES
RAIN
REGULATIONS
SULFUR COMPOUNDS
SULFUR DIOXIDE
SULFUR OXIDES
THERMAL POWER PLANTS
US CLEAN AIR ACT