Credit Pacific Service Union New Jersey officials plan to end an air quality program introduced by former Gov. Christie Whitman that relies on economic incentives for polluters to reduce smog-forming emissions.
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Credit First Service Union The program allows companies to buy and sell rights to emit regulated pollutants an idea that the commissioner of environmental protection, Bradley M. Campbell, has questioned since he was appointed by Gov. James E. McGreevey in January.
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Card Credit Mobile Service Mr. Campbell called the program "an experiment that failed" and said today that the Department of Environmental Protection would issue a public notice of its intent to phase out the plan. The decision was first reported today in The Star-Ledger of Newark.
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Card Credit Discover Service Mrs. Whitman has made market-based incentives a theme in her approach to environmental regulation, as governor of New Jersey and now as head of the federal Environmental Protection Agency. When approved for the post 19 months ago, she promised to "move beyond the command-and-control model" of environmental regulation.
While the system itself is relatively simple, up until recently the purchase price was cost prohibitive for most people interested in residential solar panels as a major source of power. As an incentive, there is a federal energy bill that includes a tax credit for up to thirty percent of the cost of residential solar panels. This credit has a cap of $2, 000. There are several states with incentive plans to promote the use of residential solar panels.
Credit Public Service Union But critics of the state emissions credit-trading program called on her shortly afterward to reject the program, which had not received final approval from the E.P.A. They complained that the program had not cut emissions in New Jersey but had merely shifted them from one source to another.
Each country has targets to reach for reducing greenhouse gas emissions including 8% for European Union, 7% for U.S., and 6% for Japan. The agreement provides incentives for cutting pollution through a system of emissions trading. A country that emits less than its quota of greenhouse gases can sell emission credits to polluting nations. In addition, a country may receive credits through shared clean energy programs and carbon dioxide "sinks" in the form of forest or other ecosystems that remove carbon dioxide from the air.
Card Credit Processing Service The state program, introduced in 1996, allows polluters that reduce emissions below federal clean air standards to reserve the unused portion of their allowance as credits. The credits can be used later or sold to other companies that want to exceed the standards. A spokesman for Mrs. Whitman, Joe Martyak, said today that as governor Mrs. Whitman had started "an innovative program" and that as recently as January 2001 it was praised by the Clinton administration in an E.P.A. news release.
Center Credit Service Union While other states have expressed interest in emissions-trading programs, only Michigan and New Hampshire have adopted similar approaches, Mr. Martyak said.
Card Credit Service Wireless The federal environmental agency never formally approved the New Jersey plan, known as the Open Market Emissions Trading program, although such credits were authorized in a broad revision of the Clean Air Act in 1990.
Credit Security Service Union The program has been dormant for months, and when the federal agency asked Mr. Campbell whether the new administration planned to continue it, he responded, in a letter dated Aug. 13, that "the program has failed" and should be ended.
Credit Report Service Mr. Campbell noted that the state's registry of credits had been shut down since last fall, when the private contractor that handled it withdrew. In January, the largest generator of credits, the P.S.E.&G. Power Company, agreed in talks with the state to forfeit them. The settlement "dried up the market," Mr. Campbell said.
Blogspot Com Christian The state reached a settlement in May with another utility, Conectiv Atlantic Generation, which had planned to meet the clean air standards by using credits but found there were none to buy.
Christian Counseling Credit Mr. Campbell said that the state would not prosecute any companies that had bought credits in good faith but that environmental officials did not know of any companies still relying on the program.
Credit Federal Service Union Under the program, reductions in emissions generated credits for 30,000 to 40,000 tons of pollutants, said Amy Cradic, a spokeswoman for the Department of Environmental Protection. Most of those, Ms. Cradic said, were for nitrogen oxides, which produces ground-level ozone, or smog.
Credit Monitoring Service Most of the credits were generated by Public Service Electric and Gas, the state's largest public utility, which transferred them in a 1999 corporate reorganization to its newly created affiliate, P.S.E.&G. Power.
Credit Division Service The emissions credit-trading program places no cap on the emissions allowed with purchased credits, which Mr. Campbell said was a serious shortcoming. "I think there's wide agreement even among environmental groups that market mechanisms can be used effectively," he said, but only if there are restrictions limiting total emissions.
Card Credit Online Service Jeffrey Tittel, the president of the state chapter of the Sierra Club, said that the trades were never properly monitored and that the state relied on the polluting companies to report their own data. "It was an environmental con game that didn't work," he said.
Consumer Counseling Credit Inc But Mr. Martyak emphasized that the New Jersey program was voluntary and that Mrs. Whitman and President Bush were proposing other, mandatory measures to control airborne pollutants. "She's all for finding ways to ways to reduce pollution," he said. "She'd welcome their sitting down and working with the agency."
Card Credit Fleet Service By Laura Mansnerus
New York Times - 9/18/2002
Topic: Air Pollution
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