Between 1990 and 2006 the cap and trade system of emissions control resulted in a reduction of SO₂ emissions from electric power plants by 53%, but at a cost twice what was expected by the industry.

Question

Quizplus · Accepted Answer

The cap and trade system for SO₂ emissions under the Acid Rain Program was highly effective and actually cost much less than initially expected by the industry. The program achieved significant reductions in emissions at a fraction of the anticipated costs.

Between 1990 and 2006 the Cap and Trade System of Emissions