The Clean Air Act of 1990 incorporated the concept of tradable allowances as a key part of its approach to pollution reduction.

Name: The Clean Air Act of 1990 incorporated the concept of tradable allowances as a key part of its approach to pollution reduction.
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Tradable allowances or emissions trading is a core feature of the Clean Air Act of 1990, allowing companies to buy and sell permits to emit pollutants in order to incentivize pollution reduction.

The Clean Air Act of 1990 Incorporated the Concept of Tradable