Tradeable emissions policies stayed dormant for decades due to moral and practical objections

Evidence

For a variety of reasons, however, such tradeable emissions policies and other market-based environmental policies were largely dormant within modern pollution control law in its first few decades in the United States. Some environmentalists questioned the morality of creating tradeable “property rights to pollute” at all. Others raised a number of issues regarding the efficacy and reliability of such a program. — Richard J. Lazarus, The Making of Environmental Law, 800

Categorization

  • XREF: This explains why the famous market-based sulfur-dioxide trading of the 1990 CAA amendments was a late breakthrough and how it connects to the CAA/CWA convergence story. — connects to: Tradeable emissions rights could cut pollution at lower cost than command-and-control rules — Richard J. Lazarus, The Making of Environmental Law, 799; Political opponents defeated climate policy by morally reframing a market tool as coercive taxation — Albert Bandura, Moral Disengagement: How People Do Harm…, 2755; Regulatory reform fails without a prior change in moral climate — Albert Bandura, Moral Disengagement: How People Do Harm…, 1611

Broader Connections