Sentences with phrase «of the acid rain program»

Not exact matches

ELIZABETHTOWN Rep. Elise Stefanik (R - Willsboro) is pushing the U.S. Environmental Protection Agency to retain funding for a federal program that monitors the impact of acid rain on local bodies of water.

Cap - and - trade programs, such as the Clean Air Act's acid rain program, are an excellent example of this approach.

The great - granddaddy of all emission markets — the U.S. Environmental Protection Agency's Acid Rain Program — «shows how vulnerable such a trade can be to the whims of government.

As a program under the Clean Air Act, the cap - and - trade system achieved enormous success in ridding the air of acid rain.

Prior to the 1990 US acid rain program implementation, American generating stations emitted 24 million tons of SO2 and current emissions are about 10.5 million tons.

The Initiative was modeled on the 1990 Clean Air Act's acid rain program, which put SO2 under a cap and trade plan (see Dispelling the myths of the acid rain story).

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.

Over months of contentious debate, while the Waxman - Markey bill and subsequent Senate action were being considered, millions of Americans were introduced for the first time to the phrase «cap and trade,» a regulatory approach that first came to prominence in the 1990s as the centerpiece of a national program to address the threat of acid rain by limiting emissions of sulfur dioxide (SO2), primarily from electric power plants.

Moreover, the acid rain program applied only to power plants; a carbon market is several orders of magnitude more complicated.

The legislation, which is modeled after the successful acid rain trading program of the 1990 Clean Air Act, would require a reduction to 2000 carbon dioxide emission levels by the year 2010, and a reduction to 1990 levels by the year 2016.

The approach has successfully reduced the emissions of acid rain causing pollutants through a program established in the 1990 Clean Air Act.

«The switch to heavier fossil fuels has already caused much popular concern,» Warner wrote in an article published by the United Nation Environment Program, «primarily seen in some nations» fear of the effects of acid rain, and the general fear that excessive use of these fuels may so build up CO2 in the atmosphere that the Earth's temperature may increase, with some disastrous consequences.

Denny is a co-author of the leading books on the US SO2 and the EU CO2 Allowance Trading Programs, Markets for Clean Air: The US Acid Rain Program and Pricing Carbon: The European Emissions Trading Scheme.

Krugman's praise for the U.S. acid rain program is somewhat muted, perhaps because he recognizes that a system that currently prices SO2 emissions at a level roughly one - tenth of original price expectations — and one - hundredth of the economically justifiable price — is fundamentally irrational.

Confidence in the certainty of declining caps is based on the mistaken assumption that cap - and trade was proven in the EPA's acid rain program.