Which of statement is accurate regarding the effect of amendments passed to the Clean Air Act in 1990?
A) The amendments encouraged utilities to operate older power plants longer than they would have otherwise.
B) The amendments had little effect on emissions overall,although they did affect local areas.
C) Tradable emissions permit systems work well in practice.
D) Tradable emissions permit systems do not work well in practice.

Question

Quizplus · Accepted Answer

The 1990 amendments to the Clean Air Act introduced a cap-and-trade system for sulfur dioxide (SO2) emissions, which is a form of tradable emissions permit system. This system has been widely regarded as successful in reducing emissions at a lower cost than traditional regulatory approaches, demonstrating that tradable emissions permit systems can work well in practice.

Which of Statement Is Accurate Regarding the Effect of Amendments