Cap and Trade Programs
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
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.
Learning Objectives
Upon completion of this course, participants will be able to:
- Explain how a cap-and-trade program works.
- Distinguish situations in which a cap-and-trade program may or may not be an appropriate tool.
- Describe how command-and-control programs work.
- Explain how environmental taxes can be used for pollution control.
- Identify where in the economy emissions can be measured.
- Describe other forms of emissions trading programs.
- Outline the process for developing a cap-and-trade program.
- Evaluate the success of a cap-and-trade program.
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.
| This course is applicable to professional engineers in: | ||
| Alabama (P.E.) | Alaska (P.E.) | Arkansas (P.E.) |
| Delaware (P.E.) | District of Columbia (P.E.) | Florida (P.E. Area of Practice) |
| Georgia (P.E.) | Idaho (P.E.) | Illinois (P.E.) |
| Illinois (S.E.) | Indiana (P.E.) | Iowa (P.E.) |
| Kansas (P.E.) | Kentucky (P.E.) | Louisiana (P.E.) |
| Maine (P.E.) | Maryland (P.E.) | Michigan (P.E.) |
| Minnesota (P.E.) | Mississippi (P.E.) | Missouri (P.E.) |
| Montana (P.E.) | Nebraska (P.E.) | Nevada (P.E.) |
| New Hampshire (P.E.) | New Jersey (P.E.) | New Mexico (P.E.) |
| New York (P.E.) | North Carolina (P.E.) | North Dakota (P.E.) |
| Ohio (P.E. Self-Paced) | Oklahoma (P.E.) | Oregon (P.E.) |
| Pennsylvania (P.E.) | South Carolina (P.E.) | South Dakota (P.E.) |
| Tennessee (P.E.) | Texas (P.E.) | Utah (P.E.) |
| Vermont (P.E.) | Virginia (P.E.) | West Virginia (P.E.) |
| Wisconsin (P.E.) | Wyoming (P.E.) | |



