Topic3.cTradableemissionpermits.pptVIP

Topic 3.c: Tradable emission permits We have seen that tradable pollution permits compare favorably with other policy instruments we have considered. To what extent do we see this policy being used in practice? In Canadian environmental policy? No… What about in the US? Large national program regulating SO2 emissions. US Acid Rain Program Also some smaller scale (local) programs Topic 3.c: Tradable emission permits Global policy? Tradable pollution permit scheme (ETS) is an integral part of the Kyoto Protocol designed to address problem of global warming. EU has developed a trading sche