Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Air Pollution: Overview and Issues on Emissions Allowance Trading Programs

  Premium   Download PDF Now (18 pages)
Report Type Reports and Testimonies
Report Date July 9, 1997
Report No. T-RCED-97-183
Subject
Summary:

Under emissions trading programs, pollution sources that reduce their emissions below the required levels can sell their extra allowances to other sources of pollution to help them meet their requirements. Trading of emissions allowances can be a less costly means to achieve pollution reductions than traditional regulatory approaches. This testimony focuses on (1) cost savings and pollution reductions from the Environmental Protection Agency's acid rain allowance trading program, presenting data based largely on GAO's December 1994 report (GAO/RCED-95-30) as updated to reflect current program data; (2) experiences with trading programs designed to control other air pollutants; and (3) issues that need to be considered in expanding trading programs.

« Return to search Government Accountability Office reports