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1999 SESSION

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HB 2689 Air emissions trading.

Introduced by: David B. Albo | all patrons    ...    notes | add to my profiles

SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)

Air emissions trading. Authorizes the State Air Pollution Control Board to establish an emissions trading program based upon emission caps. Currently, the Board is authorized to establish a voluntary, or open-market, emissions trading program which does not utilize emission caps. The federal program allows states to use emissions trading to achieve the reduction in air emissions, but the program must be based on emission caps. The new language will allow the implementation of an emissions trading program which will satisfy federal requirements for NOx reduction and should expedite the EPA’s approval of the State Implementation Plan.


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