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Marketable permit programs

Jopson v. Feather River Air Quality Management Dist.

The court holds that a local air quality management district is immune from a rancher's negligence claim against it for miscalculating the amount of marketable pollution credits the ranch earned for reducing agricultural burning. The...

RECLAIM: Southern California's Failed Experiment With Air Pollution Trading

The bottom line is that capitalism may now be getting its ultimate test. For the smog market, more than any other system, will reveal whether financial incentives can prod major corporations into simultaneously acting for the public...

Transforming Economic Incentives From Theory to Reality: The Marketable Permit Program of the South Coast Air Quality Management District

Editors' Summary: Modern environmental law has relied almost exclusively on either mandating or forbidding certain conduct in order to reduce pollution. In addressing pollution that causes acid rain, the 1990 Amendments to the Clean...