SO2 allowance trading

英文SO2 allowance trading

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英文释义

Allowance trading is the centerpiece of the Washington, DC-based Environmental Protection Agency’s (EPA) Acid Rain Program. Allowances are the currency where compliance with SO2 emission requirements is achieved. They authorize a unit within a utility or industrial source to emit one US ton of SO2 during a given year or any year thereafter. Utilities that can use high sulphur coal, which commands a lower price per British Thermal Unit (Btu) than low sulphur coals, can buy an SO2 allowance and bundle it with a high sulphur coal purchase to produce more energy

中文释义

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