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Under Bush's plan, the Government would set a national limit on emissions of sulfur dioxide, a prime cause of acid rain. But, instead of dictating how to meet the target, the Government would let the marketplace determine the cheapest, most efficient way to get the job done. Each company would be allotted an acceptable level of SO2 production, amounting to its fair share of the national limit. If a company managed to pollute less than its share, it could receive permits representing the shortfall, which it could sell to firms that could not meet their target. That is where...

Author: /time Magazine | Title: Environment: Giving Greed a Chance | 2/12/1990 | See Source »

...view. A National Park Service study tracked winter weather patterns and the sources of the haze. The main culprit: Arizona's Navajo Generating Station, an electrical plant 80 miles away. The plant, burning 24,000 tons of coal daily and releasing an estimated 12 to 13 tons of sulfur dioxide from its smokestacks every hour, was found responsible for about half the Grand Canyon's pollution...

Author: /time Magazine | Title: Parks: Haze over The Canyon | 9/11/1989 | See Source »

Arco attributed its discovery to improved refinery techniques and advanced computer data bases that enabled chemists to experiment with formulas for the new gasoline. Besides containing no lead, the new Arco fuel has 50% less benzene, a major source of smog, and 80% less sulfur. "We could not have done this five years ago," a company spokesman contended. "You have to have a good data base...

Author: /time Magazine | Title: Fill 'Er Up With Gas Lite | 8/28/1989 | See Source »

...political genius of Bush's something-for-everybody plan is that it meets environmentalists' objectives by giving industry unprecedented freedom to choose how to cut emissions. On acid rain, it calls for a reduction by the year 2000 of 10 million tons, or 50%, in the amount of sulfur dioxide spewed into the air, mostly by coal-burning electric utilities. Says an Administration official: "Ten million was clearly a litmus test with the 'enviros...

Author: /time Magazine | Title: Smell That Fresh Air! | 6/26/1989 | See Source »

...power plants can achieve the reduction any way they want. They can install scrubbers on smokestacks, switch to burning low-sulfur coal or adopt new technology for cleaner burning of high-sulfur coal. Moreover, they can trade what would amount to pollution rights. If one utility cuts sulfur- dioxide emissions more than the law requires, it can sell the unused portion of the emissions it is allowed to another company that is having trouble meeting its standard. While the total reduction would be the same, both companies would cut costs: the seller because it would get extra money...

Author: /time Magazine | Title: Smell That Fresh Air! | 6/26/1989 | See Source »

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