Sentences with phrase «pollution allowance trading»

This argument is especially galling to EPA's supporters, because under President George W. Bush's administration, when Holmstead himself was an EPA official in charge of air pollution programs, the agency tried to regulate mercury pollution using a similarly flexible system of pollution allowance trading.

Not exact matches

Whether it's physical shipments of the fossil fuel or the buying and selling of the permits for the pollution that burning it causes — Evolution's first trade was a sulfur dioxide allowance between Enron and Dynegy in February of 2000 — the brokerage makes its living on coal.

Several bills pending in Congress would set a so - called cap - and - trade policy under which an overall limit on pollution would be set — and companies with low output could sell their allowances to those that fail to cut emissions as long as the total stays within the total pollution cap.

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.

The resistance by Lincoln and her Senate colleagues undercuts President Barack Obama's effort to win passage of legislation that would cap carbon dioxide emissions and establish a market for trading pollution allowances, said Peter Molinaro, the head of government affairs for Midland, Michigan - based Dow Chemical Co., which supports the measure.

A few Democrats, particularly those representing poorer industrial areas, were deeply suspicious of cap - and - trade policies to rein in greenhouse gas emissions, arguing that their constituents would be hurt when a local polluter simply paid for pollution allowances rather than cutting back on the pollution itself.

Companies that cut their pollution to a level below their cap can then sell or trade their allowances in public auctions held four times a year.

Establish an economy - wide GHG cap - and - trade system that auctions 100 percent of carbon pollution allowances, promotes energy efficiency and accelerates clean energy technologies.