January 30, 1992 |
After two years of studying the pros and cons, the staff of the South Coast Air Quality Management District on Wednesday recommended establishing a revolutionary "smog exchange" that would replace many of the agency's traditional stringent regulations with a trading market in pollution rights.
May 12, 1992
In an unprecedented move, one of the nation's biggest emitters of sulfur dioxide plans to buy pollution allowances for its coal-fired plants from one of the nation's cleanest utilities, officials said Monday. The Tennessee Valley Authority, the giant federal utility that operates 59 coal-fired units at 11 plants in Tennessee, Alabama and Kentucky, plans to buy sulfur dioxide emission credits from Wisconsin Power & Light Co., one of the nation's cleanest utilities.
April 8, 2007 |
As China's economy roars ahead, leaving Technicolor rivers and polluted skies in its wake, the world's most populous nation has struggled to craft environmental policies that will appease growing numbers of critics at home and abroad. Traditionally, many of the issues outlined in Friday's ominous United Nations report on climate change have been framed here, as elsewhere, as a trade-off between clean air and jobs. Yet it's also becoming increasingly evident that the division is not so clear-cut.
March 6, 1992 |
Signaling a dramatic new direction in the decades-long war on smog, the South Coast Air Quality Management District on Thursday ordered its staff to prepare plans for a revolutionary new trading market in pollution rights. The 8-1 vote Thursday night came after an overflow public hearing that lasted six hours. The lone dissenting vote was cast by Larry Berg, a political science professor at USC who was appointed to the district board by Assembly Speaker Willie Brown.
September 9, 1993 |
EPA's Browner Wants to Broaden Acid Rain Market: At a Washington conference on business opportunities in the clean air market, agency Administrator Carol Browner said she would propose allowing large industrial facilities to "opt in" to the existing market in air pollution rights that is currently dominated by electric utilities. Browner said she hopes the expansion of pollution trading will create opportunities outside the utility sector.
October 8, 2007 |
Democratic presidential candidate Barack Obama today plans to propose spending $150 billion over 10 years on new clean-energy programs, including proposals to reduce greenhouse gas emissions and to develop new energy sources, according to senior campaign advisors. The energy package, which Sen. Obama (D-Ill.) is expected to outline in a speech at a library in Portsmouth, N.H.