CRS Report: IB91035 - Implementing Acid Rain Legislation - NLE
نویسنده
چکیده
The broad-ranging provisions in Title IV of The Clean Air Act Amendments of 1990 (P.L. 101-549) raise myriad implementation issues, particularly with respect to the system of tradeable "allowances." This system provides an economic mechanism by which emitters of sulfur dioxide (SO2) can determine the most cost-effective way to meet reduction requirements. Issues include the role of States, particularly public utilities commissions; unfinished rulemaking, including defining repowering technologies and developing revised fossil fuel utility SO2 and NOx New Source Performance Standards (NSPS); and operational issues, including pricing of allowances, auctions, and the Phase 1 allowance pool.
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