Acid Rain Program
Initiative taken by the United States Environmental Protection Agency / From Wikipedia, the free encyclopedia
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The Acid Rain Program is a market-based initiative taken by the United States Environmental Protection Agency in an effort to reduce overall atmospheric levels of sulfur dioxide and nitrogen oxides, which cause acid rain.[1] The program is an implementation of emissions trading that primarily targets coal-burning power plants, allowing them to buy and sell emission permits (called "allowances") according to individual needs and costs. In 2011, the trading program that existed since 1995 was supplemented by four separate trading programs under the Cross-State Air Pollution Rule (CSAPR).[2] On August 21, 2012, the United States Court of Appeals for the District of Columbia issued its Opinion and Order in the appeal of the Cross State Air Pollution Rule (CSAPR) for two independent legal reasons.[3] The stay on CSAPR was lifted in October 2014, allowing implementation of the law and its trading programs to begin.[4]
A 2021 study found that the "Acid Rain Program caused lasting improvements in ambient air quality," reducing mortality risk by 5% over 10 years.[5]