There’s a fair bit of evidence that it both reduced sulfur dioxide emission and had little negative economic impact. See this article which discusses a lot of these issues and what can be learned going forwards about how to apply cap and trade systems for other pollutants.
There’s a fair bit of evidence that it both reduced sulfur dioxide emission and had little negative economic impact. See this article which discusses a lot of these issues and what can be learned going forwards about how to apply cap and trade systems for other pollutants.
Great article; thanks for the clarification!