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Politics : Formerly About Advanced Micro Devices

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To: Amy J who wrote (231204)5/1/2005 11:29:29 AM
From: TimF  Read Replies (1) of 1572376
 
in order to justify not requiring power plant owners to buy the most effective technology for lowering mercury emissions.

That statement gives a rather distorted view of the mercury reduction plan. The plan will indeed reduce mercury emissions below the level previously allowed, below for example the level allowed during the Clinton administration. It will do so by using one of the most efficient ways to get a large reduction. A cap and trade system where the people who can reduce emissions most easily have an incentive to reduce emissions to a greater extent than any command and control limit is likely to require. They can eliminate a lot of mercury emissions and have a financial incentive to do so. Such a trading system can allow for greater reductions (lower caps) at less cost than a straight command and control order for everyone to use a certain type of technology to reduce emissions, or for everyone to reduce emissions by a certain amount or a certain percentage.

Also see

tim.2wgroup.com

galenslog.typepad.com
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