Unformatted text preview: 2) Cap and trade (pollutant)- puts a limit on an amount of a pollutant that can be emitted, divides the total allowed amount by permit to industries. Industries that can quickly and efficiently reduce emissions would, and sell their permits to other industries that cannot adapt as quickly. C.A.A.A- Clean Air Act Amendments of 1990 attempted sulfur dioxide SO2 (Acid Rain) Cap and Trade tactic, and it worked. Regulation attempts a one size fits all situation. Mercury is different because of bio accumulation. How strictly should the EPA be regulating mercury. MEMO NOTE....
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- Spring '08
- Pollution, Externality, United States Environmental Protection Agency, Pigovian tax, Sulfur dioxide, new tech standards