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Title: Emissions trading programs, making sense of the options

In an attempt to move away from the traditional command-and-control approach to regulation, the US Environmental Protection Agency has begun to develop economic incentive programs. These programs encourage compliance with nationwide pollution-reduction goals, but seek industry action based on market or profit incentives, rather than fear of retribution or penalty. The 1990 Clean Air Act Amendments (CAAA) require that stringent means be taken to reduce NOx pollution in so-called ozone-nonattainment areas. Under CAAA Title IV, the SO{sub 2} trading program went into effect in 1993 to reduce acid rain. For NO{sub x}, several programs are either already in operation, or are under development. These include the Cap and Trade program, the Open Market trading program and New Source Review Offset Trading program. These 3 programs are described. To obtain a Title V operating permit, issues to consider are operation, job descriptions, certification process, value, estimating future emissions, confidentiality, permits, inter-media coordination, costs, and publicity.
Authors:
 [1]
  1. Dynalytics Corp., Jericho, NY (United States)
Publication Date:
OSTI Identifier:
212243
Resource Type:
Journal Article
Resource Relation:
Journal Name: Chemical Engineering; Journal Volume: 103; Journal Issue: 3; Other Information: PBD: Mar 1996
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING AND POLICY; 54 ENVIRONMENTAL SCIENCES; NITROGEN OXIDES; AIR POLLUTION CONTROL; FINANCIAL INCENTIVES; CLEAN AIR ACTS; IMPLEMENTATION; MARKET; LICENSE APPLICATIONS; INDUSTRIAL PLANTS