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Title: Public Utility Commission implementation of the Clean Air Act's allowance trading program

Title IV of the Clean Air Act Amendments of 1990 (CAAA), Acid Deposition Control,' will reduce by the year 2000 annual sulfur dioxide emissions by 10 million tons below the 1980 level, and nitrogen oxide emissions by 2 million tons. Emissions of sulfur dioxide will then be limited to 8.95 million tons per year after 2000. To control sulfur dioxide emissions, Title IV created a new regulatory instrument -- an emission allowance or credit -- that electric power producers (utilities and others) will be required to possess and expend to emit sulfur dioxide into the atmosphere. Electric utilities and others will be allowed to buy and sell the emission allowances in an allowance trading system. Cost estimates of implementing Title IV provisions put the cost 50 to 75 percent higher than with the allowance trading system. Estimates of this potential savings vary from 1 to 3 billion dollars annually. This report discusses the administrative roles of various agencies in implementing Title IV and allocating the emission allowance. The cost of compliance and the effect of compliance on the utilities industry is discussed.
Publication Date:
OSTI Identifier:
6533431
Resource Type:
Book
Resource Relation:
Related Information: NRRI 92-6
Publisher:
Columbus, OH (United States); National Regulatory Research Institute
Country of Publication:
United States
Language:
English
Subject:
29 ENERGY PLANNING, POLICY AND ECONOMY; AIR; DENITRIFICATION; DESULFURIZATION; COMPLIANCE; ECONOMIC IMPACT; US CLEAN AIR ACT; AMENDMENTS; AIR POLLUTION ABATEMENT; COST; ELECTRIC UTILITIES; IMPLEMENTATION; LEADING ABSTRACT; NITROGEN OXIDES; SULFUR DIOXIDE; ABSTRACTS; CHALCOGENIDES; CHEMICAL REACTIONS; DOCUMENT TYPES; FLUIDS; GASES; LAWS; NITROGEN COMPOUNDS; OXIDES; OXYGEN COMPOUNDS; POLLUTION ABATEMENT; POLLUTION LAWS; PUBLIC UTILITIES; SULFUR COMPOUNDS; SULFUR OXIDES 290300* -- Energy Planning & Policy-- Environment, Health, & Safety; 296000 -- Energy Planning & Policy-- Electric Power; 290201 -- Energy Planning & Policy-- Economics-- (1992-); 293000 -- Energy Planning & Policy-- Policy, Legislation, & Regulation