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Archive for the ‘emissions trading’ Category

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 [...]

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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 [...]

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