NOx Budget Trading Program

E942113

The NOx Budget Trading Program is a U.S. cap-and-trade system designed to reduce nitrogen oxide emissions from power plants and other large combustion sources to combat regional smog and ozone pollution.

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Statements (37)

Predicate Object
instanceOf air pollution control program
cap-and-trade system
emissions trading program
abbreviation NBP
administeredBy U.S. Environmental Protection Agency NERFINISHED
complianceApproach market-based
compliancePeriod summer months
complianceRequirement hold allowances equal to emissions
country United States of America
surface form: United States
designedToAddress interstate transport of ozone pollution
regional air quality problems
environmentalGoal reduce ground-level ozone pollution
reduce regional smog
geographicScope Ozone Transport Region NERFINISHED
eastern United States NERFINISHED
implementedThrough state implementation plans
legalBasis Clean Air Act NERFINISHED
NOx SIP Call
measurementMethod continuous emissions monitoring systems
monitorsEmissionsFrom fossil fuel-fired electric generating units
large industrial combustion units
policyInstrument cap-and-trade
policyType multi-state trading program
predecessorOf Clean Air Interstate Rule NOx trading programs NERFINISHED
Cross-State Air Pollution Rule NOx trading programs NERFINISHED
primaryObjective cost-effective NOx reductions
regulatesPollutant NOx
nitrogen oxides
seasonalFocus ozone season
secondaryObjective assist states in attaining ozone NAAQS
startDate 2003
status superseded by later interstate transport programs
targetsSector electric power plants
large industrial boilers
other large combustion sources
usesMechanism allowance trading
emissions allowances

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Clean Air Markets Division implementsProgram NOx Budget Trading Program