Course description
In Cap and Trade Programs, you'll learn ...
- What is a Cap and Trade Program and how is it used by regulating authorities
- Under what circumstances is Cap and Trade effective and when does it not work well
- How does Cap and Trade compare with other pollution reduction approaches used by regulating authorities
- Guiding principles in the development of a Cap and Trade Program
Overview
Credit: 5 PDH
Length: 63 pages
This five-hour course covers cap and trade pollution control programs. The course covers the different types of pollution control strategies and how cap and trade programs can be designed and implemented.
In 1990, the EPA recommended cap and trade as a program to control sulfur dioxide emissions and this program has worked exceptionally well. The EPA is now pushing for cap and trade regulation of carbon dioxide and many in the industry feel this is a completely inappropriate method to regulate this pollutant. One of the reasons the SO2 cap and trade programs worked so well is that technology existed to control SO2 emissions. In contrast, there is currently no practical, operational methodology to limit CO2 emission at large central station power plants and it is feared that implementing a cap and trade program will have a severe economic impact on the U.S. economy.
California has implemented its own cap and trade program for CO2, which many believe is a very risky and foolhardy proposition – much like its botched deregulation effort in the ‘90’s.
Regardless of how cap and trade is ultimately used, this course will help you understand how the programs are designed and operated.
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Upcoming start dates
Who should attend?
Certificate of Completion
You will be able to immediately print a certificate of completion after passing a multiple-choice quiz consisting of 30 questions. PDH credits are not awarded until the course is completed and quiz is passed.
Training content
This course teaches the following specific knowledge and skills:
- Be able to explain how a cap and trade program works
- Understand when cap and trade program may or may not be the right tool
- Understand how command and control programs work
- Understand how environmental taxes can be used for pollution control
- Be able to explain where in the economy to measure emissions
- Know the other forms of emission trading programs
- Be able to explain the process for developing a cap and trade program
- Know how to assess the success of a cap and trade program
Costs
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