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• W173700812 abstract "The Acid Rain Program was the first large experiment in emissions trading. Title IV of the 1990 Clean Air Act Amendments, labeled the ‘Acid Rain Program’, initiated a nationwide emissions trading program for emissions of sulfur dioxide (SO 2 ) from coal-fired power plants and large industrial boilers. The trading program requires each firm to surrender one emissions allowance for each ton of SO 2 emitted by its plants. Firms may buy or sell allowances on the market or bank them for future use. The goal of the Acid Rain Program was to reduce annual SO 2 emissions from regulated sources by about 10 million tons from 1980 levels, and the goal was achieved at costs much less than anticipated. Today, the program is still in effect, but new, more stringent regulations will reduce the role of emissions trading." @default.
• W173700812 created "2016-06-24" @default.
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• W173700812 date "2013-01-01" @default.
• W173700812 modified "2023-09-24" @default.
• W173700812 title "SO2 Program" @default.
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• W173700812 doi "https://doi.org/10.1016/b978-0-12-375067-9.00036-x" @default.
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