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ENVIRO-NEWS  November 2002

ENVIRO-NEWS November 2002

Subject:

REPORT HIGHLIGHTS CONTINUED SUCCESS OF ACID RAIN EMISSIONS TRADIN G PROGRAM

From:

Joe Makuch <[log in to unmask]>

Reply-To:

Joe Makuch <[log in to unmask]>

Date:

Thu, 21 Nov 2002 10:49:04 -0500

Content-Type:

text/plain

Parts/Attachments:

Parts/Attachments

text/plain (88 lines)

Forwarded from
http://yosemite.epa.gov/opa/admpress.nsf/b1ab9f485b098972852562e7004dc686/e3
850259eaf2264285256c76007244bf?OpenDocument

EPA Headquarters Press Release
Washington, DC
For Release
11/19/2002

REPORT HIGHLIGHTS CONTINUED SUCCESS OF ACID RAIN EMISSIONS TRADING PROGRAM,
BASIS OF PROPOSED CLEAR SKIES ACT

Environmental News
FOR RELEASE: TUESDAY, NOV. 19, 2002

REPORT HIGHLIGHTS CONTINUED SUCCESS OF ACID RAIN EMISSIONS TRADING PROGRAM,
BASIS OF PROPOSED CLEAR SKIES ACT

David Deegan 202-564-7839 / [log in to unmask]

Illustrating a dramatic victory for the environment and for public health,
EPA Administrator Christie Whitman today announced the release of a report
further documenting ongoing trends of significantly reduced emissions
stemming from the Agency's Acid Rain Program, the successful emissions
trading program on which President Bush's Clear Skies Act is modeled. The
latest data available in the report confirm major reductions nationwide in
two acid rain-causing emissions, sulfur dioxide and nitrogen oxides.

"The Acid Rain Program has been an enormous success story in America's
efforts to ensure that emissions reductions go hand-in-hand with economic
well being. This program has delivered cleaner air faster and with less
expense than anybody anticipated," said Whitman. "This is good news for
everybody who cares about clean air and is further evidence that President
Bush's Clear Skies Act would deliver significant further reductions and
environmental results. Cleaner air means fewer Americans will suffer from
respiratory-related illnesses such as asthma, lung disease and heart
disease."

The Acid Rain Program, based on an innovative market-based cap and trade
approach to achieving emissions reductions from the electric power industry,
uses emission rate requirements to reduce emissions of nitrogen oxides
(NOx), and has set a permanent cap requiring a 50 percent reduction from
1980 emission levels of sulfur dioxide (SO2) by 2010. The most recent data,
available in the "Acid Rain Program 2001 Progress Report," confirm that
emission reductions of SO2 and NOx under the program have been significant.
The Acid Rain Program, created as part of the 1990 reauthorization of the
Clean Air Act signed by President George H.W. Bush, set a goal of reducing
annual SO2 emissions by 10 million tons below 1980 levels. To achieve these
reductions, the law required a two-phase tightening of the restrictions
placed on fossil fuel-fired power plants.

Sulfur dioxide emissions from power plants in 2001 were 10.6 million tons, a
full one-third reduction from 1990 emissions, a five percent reduction from
2000 emissions and down from 17.3 million tons in 1980. Nitrogen oxide
emissions from power plants also continued a downward trend of 4.1 million
tons in 2001, a 25 percent decline from 1990 emissions levels and an eight
percent reduction from 2000 emissions. These emissions reductions have
contributed to measurable improvements in air quality, reductions in
deposition and recovery of acid-sensitive waters. The trading component of
the SO2 program has significantly lowered the costs of compliance and has
not resulted in any significant geographic shifts in emissions.

The cap and trade model utilized in the Acid Rain Program has been so
successful that it has served as the model for numerous subsequent efforts
to significantly reduce air emissions, most notably President George W.
Bush's proposed Clear Skies Act. If enacted by Congress, the Clear Skies
Act, once implemented, would reduce and cap emissions of SO2, NOx and
mercury from power generation by an additional 70 percent beyond year 2000
emission levels. The Clear Skies Act is a
simple, straightforward plan that would utilize the proven, effective cap
and trade approach to improve air quality across the country. EPA's "Acid
Rain Program 2001 Progress Report" is available online at:
http://www.epa.gov/airmarkets/cmprpt/arp01/index.html along with extensive
information on emissions data, allowance transfers, air quality data and
atmospheric deposition data.

                   R-224 # # #

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The Enviro-News list facilitates information exchange.
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[log in to unmask]
********--Celebrating the Year of Clean Water--********

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