About one year ago, I was posting about how the Acid Rain Program (ARP), that set up a cap-and-trade system for SO2 in the US, was less effective than direct regulation in the EU in reducing emissions (link). This continues to be true. But the future is even bleaker for the ARP. Concerns with acid [...]
Archive for the ‘emissions trading’ Category
The Acid Rain Program is collapsing
Posted in emissions trading on August 17, 2010 | Leave a Comment »
The fraud of acid rain trading
Posted in emissions trading on September 3, 2009 | 5 Comments »
One of the biggest lies told about cap-and-trade is that sulfur dioxide (SO2) trading was successful in the US. We are told by the press and the likes of Al Gore that the Acid Rain Program allowed for SO2 emissions to decrease substantially, preventing acid rain formation, and that this is an example of how [...]