The new policy brief examines the design, enactment, implementation, and performance of
the SO2 allowance trading system, with an eye toward identifying lessons learned for future efforts to apply cap and trade to other environmental challenges, including global climate change.
The George H. W. Bush Administration, which proposed
the SO2 allowance trading program and then championed it through an initially resistant Democratic Congress, was (at least in its first two years) «moderate Republican;» and phrases such as «fiscally responsible environmental protection» and «harnessing market forces to protect the environment» do have the sound of quintessential moderate Republican issues.
Not exact matches
In addition, the RGGI cap and auction CO2
allowance program is different than a traditional cap and
trade program for
SO2 or NOx.
The workshop and roundtable — sponsored by the Alfred P. Sloan Foundation — featured a dream team of economists and legal experts who had conducted extensive research on the
SO2 allowance -
trading system, as well as leaders of non-governmental organizations and former government officials who had guided the formulation and passage of the CAAA.
Also known as the Acid Rain Program and the
SO2 allowance -
trading system, Title IV represented the first large - scale application of cap and
trade to control pollution — in the United States or any other country.