Incentives for Technological Innovation in Air Pollution Reduction: An ETIP Policy Research Series. Volume 9: Internal Offsets and Technological Innovation: Six Case Studies

摘要

This report describes the experiences of six industrial firms with the new Federal policy of internal offsets. Offsets are part of a group of regulatory reforms initiated by the Environmental Protection Agency and called by the generic title of 'emission trading'. Offsets were introduced to allow continued economic growth in nonattainment areas and to stimulate innovation in pollution control and process technology by making it profitable for firms to create more reductions than the law now requires. The report discusses the problems of defining and measuring innovation as well as presenting industrial firm perceptions of innovation associated with offset cases.