Tagged with Acid Rain 
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Cap-and-Trade: A Fly in the Ointment? 0
Posted 3 months, 2 weeks agoCap-and-trade systems, in which emission permits or allowances can be traded among potential polluters, continue today to be at the center of the action around market-based environmental policy instruments.
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The making of a conventional wisdom
What explains the recent popularity of market-based environmental solutions? 2
Posted 7 months, 3 weeks ago
Despite the potential cost-effectiveness of market-based policy instruments like pollution taxes and tradable permits, conventional approaches -- including design and uniform performance standards -- have been the mainstay of U.S. environmental policy since before the first Earth Day in 1970.
Gradually, however, the political process has become more receptive to innovative, market-based strategies. What explains this relatively recent rise in the use of market-based approaches?
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