Acid Rain Program

Organisation
U.S. Environmental Protection Agency (EPA)
Tags
Language
English
AQM Activity Type
Legal Framework, Policy Design & Implementation
Resource type
Standards, Regulation, Legislation and Agreements
Regions
Global
Governance level
National
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Description
The ARP was the first national cap and trade program in the country and it introduced a system of allowance trading that uses market-based incentives to reduce pollution. Reducing emissions using a market-based system provides regulated sources with the flexibility to select the most cost-effective approach to reduce emissions, and has proven to be a highly effective way to achieve emission reductions, meet environmental goals, and improve human health.