Sentences with phrase «using tradable permits»

In 1968, while studying pollution control in the Great Lakes, University of Toronto economist John Dales hit on a way for the costs to be paid with minimal government intervention, by using tradable permits or allowances.

Cap - and - trade systems using tradable permits are sometimes an alternative to environmental tax restructuring.

Not exact matches

Ensure that the tradable emission permits under Governor Pataki's proposed regional carbon cap are auctioned rather than given away with the proceeds used to mitigate negative distributional effects on low and moderate income households and to serve other economically and socially important purposes.

In the 1980s, tradable - permit systems were used to accomplish the phasedown of lead in gasoline -(at a savings of about $ 250 million per year), and to facilitate the phaseout of ozone - depleting chloroflourocarbons (CFCs); and in the 1990's, tradable permits were used to implement stricter air pollution controls in the Los Angeles metropolitan region, and — most important of all — a cap - and - trade system was adopted to reduce sulfur dioxide (SO2) emissions and consequent acid rain by 50 percent under the Clean Air Act amendments of 1990 (saving about $ 1 billion per year in abatement costs).

Emission fees or caps on total pollution, potentially with tradable emission permits, are examples of ways we could use to help remove this barrier.

Market - based regulation - Regulatory approaches using price mechanisms (e.g., taxes and auctioned tradable permits), among other instruments, to reduce heat - trapping gas (greenhouse gas) emissions.