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Benefit of Counsel: new cap and trade programs target reductions in CO_2, mercury, SO_2, NO_x

机译:律师的好处:新的限额和贸易计划的目标是减少CO_2,汞,SO_2,NO_x

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摘要

Recent developments in the regulation of air emissions from power generation facilities portend increased compliance costs coupled with market mechanisms designed to offset some of those costs. The regulatory approach known as "cap and trade" establishes an aggregate national, regional or state limit on the amount of annual emissions of a particular pollutant and allocates allowances-that is, permission to emit a given amount of a pollutant-to existing emissions sources. Simultaneously, a market is established to encourage trading of allowances at a market price that leads to the economically efficient achievement of the emissions cap.
机译:发电设施空气排放法规的最新发展预示着合规成本增加,加上旨在抵消其中一些成本的市场机制。被称为“总量控制与交易”的监管方法对特定污染物的年度排放量建立了国家,地区或州的总计限制,并为现有排放源分配了配额(即允许排放一定数量的污染物)。 。同时,建立了一个市场,以鼓励以市场价格交易配额,从而实现经济有效地实现排放限额。

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