Perspective: Regional Greenhouse Gas Cap-and-Trade Programs May be the Solution
Green Car Congress
APRIL 10, 2010
These reductions in power plant emissions of sulfur dioxide (SO 2 ) and nitrogen oxides (NO x ) were achieved at a significantly lower cost than originally assumed. Today, this cap-and-trade program is considered one of the most efficient and cost-effective environmental initiatives ever implemented. Markey of Massachusetts, both Democrats, built their climate change bill last year in large measure around it. Western Climate Initiative (WCI).