Open Market Emissions Trading in United States

Environmental regulators are routinely challenged to devise innovative methodsfor reducing air pollution that limit the negative economic impacts tocommerce and industry. Recent experiments with Open Market EmissionsTrading in the United States have sought to resolve this regulatory predicamentand capture market-based opportunities that elude traditional credittrading systems like cap and trade. This work seeks to clarify whether the terminationof one open trading program in the country is the result of anycritical flaws in this trading theory or a failure to transition the concept ofopen trading properly from creation to application. This book is addressed tostudents of public and environmental policy environmental regulators industryrepresentatives and environmental advocates and can be used as a casestudy in an academic setting to invoke discussion on the trials and tribulationsof ushering in environmental regulation.