Emissions Trading as an Air Quality Management Tool

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published Mar 30, 2012 12:00 AM, last modified Mar 24, 2014 11:30 AM


Emissions trading is an established practice in air quality management programs around the world.
China has been evaluating emission trading schemes since the 1980’s and is now planning major
expansion in geographical scope and depth. Specifically, China is considering emissions trading as a way
to achieve the Total Emission Control limits in the 12th Five Year Plan, and as a way of mitigating new
industrial growth. Previously, China experimented with emissions trading for sulfur dioxide (SO2) and
water borne pollutants. This paper examines emissions trading as an air quality management tool and
discusses how to apply that tool effectively. No emission trading system is perfect but it is possible to
keep defects to a minimum, so that the economy and environment both prosper.

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