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EPA’s Bubble Policy: The Theory of Marketable Pollution Permits Confronts Reality

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Market-Based Public Policy

Part of the book series: Policy Studies Organization Series ((PSOS))

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Abstract

The Clean Air Act is a symbol of the USA’s determination to clean up its dirty air and to keep its pristine air from being fouled.1 Billions of dollars have been spent to reduce pollution from industry and automobiles, and much progress has been made (Conservation Foundation, 1984). But the ambitious clean-up goals the act originally set have not been met and in some locations it is not clear if and when they can be. Moreover, the easiest steps may be behind us.

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References

  • CONSERVATION FOUNDATION (1984) State of the Environment: an Assessment at Mid-decade (Washington, DC: The Conservation Foundation).

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  • COOK, B. J. (1984) ‘The Politics of Regulatory Form: an Analysis of Policy Choice in Environmental Regulation’ (Unpublished PhD Dissertation, Department of Government and Politics, University of Maryland, College Park, Maryland).

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  • CRANDALL, R. W. (1983) Controlling Industrial Pollution (Washington, DC: Brookings Institution).

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  • DONIGER, D. (1985) ‘The Dark Side of the Bubble’, Environmental Forum, July, 32–5.

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  • LEVIN, M. H. (1982) ‘Getting There: Implementing the “Bubble Policy”’, in E. Bardach and R. A. Kagan (eds) Social Regulation: Strategies for Reform (San Francisco, CA: Institute for Contemporary Studies).

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  • LEVIN, M. H. (1985) ‘Building a Better Bubble at EPA’, Regulation, March/ April, 33–42.

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  • LIROFF, R. A. (1986) Reforming Air Pollution Regulation: the Toil and Trouble of EPA’s Bubble (Washington, DC: The Conservation Foundation).

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  • USEPA (US ENVIRONMENTAL PROTECTION AGENCY) (1982) ‘Emissions Trading Policy Statement; General Principles for Creation, Banking, and Use of Emission Reduction Credits’, Federal Register, 47, 15076–86.

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© 1988 Policy Studies Organization

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Liroff, R.A. (1988). EPA’s Bubble Policy: The Theory of Marketable Pollution Permits Confronts Reality. In: Hula, R.C. (eds) Market-Based Public Policy. Policy Studies Organization Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08891-1_15

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