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Posts Tagged ‘Advanced Energy Institute’

Clean Power Plan: Markets Drive Innovation

Monday, July 13th, 2015
Figure 1. Lead Permits Traded as Percent of All Lead Emissions, 1983-1987

ADVANCED ENERGY ECONOMY INSTITUTE (AEE INSTITUTE)
On June 2, 2014, the Environmental Protection Agency (EPA) proposed the Clean Power Plan (CPP) to implement section 111(d) of the Clean Air Act (CAA). While the proposed rule does not mandate a market-based approach to compliance, ample evidence from previous CAA rules suggests that market-based mechanisms are likely to develop under the CPP, and that these mechanisms will spark an industry response that will make available a wide array of cost-effective compliance options.

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