I. THE ROLE OF CO-POLLUTANT CONSIDERATIONS IN CLIMATE POLICY A. The Value of a Comprehensive Approach B. The Benefits of Integrating Co-pollutant Considerations into Climate Policy 1. The Environmental Benefits of Integrating Co-pollutant Considerations a. Existing Air Pollution b. Do Climate Policies Reduce Co-pollutants? c. How Significant are Climate Policies' Co-pollutant Benefits in Light of Existing and Emerging Direct Co-pollutant Controls? 2. The Administrative and Technical Benefits of Taking a Multi-pollutant Approach C. Addressing the Potential Economic and Political Implications of Incorporating Co-pollutant Considerations D. How Co-pollutant Implications Could Influence Climate Policies II. REGULATION OF STATIONARY SOURCES UNDER THE CAA A. The Prevention of Significant Deterioration Program B. Section 111 Standards III. THE CO-POLLUTANT IMPLICATIONS OF REGULATORY VERSUS MARKET STRATEGIES A. Cap-and-Trade B. Integrating Co-pollutant and GHG Control Strategies C. Co-pollutant Distribution D. Impact on Stringency and Associated Co-pollutant Benefits E. Certainty of Reductions F. Offsets and In-sector Reductions G. Incentives for Technology Transformation H. Participatory Benefits I. Conclusion IV. PERFORMANCE STANDARDS FOR EXISTING SOURCES: EXTENDING THE CAA's REACH A. Extending the CAA to Previously Unregulated Facilities B. The Nature of Section 111(d) Standards: Modest or Transformative? V. CONCLUSION This article, prepared for UCLA Law's spring 2011 symposium entitled Perspectives on Climate Change, Pollution, and the Clean Air Act, begins by addressing an interesting but narrow question: what are the implications of applying the Clean Air Act (CAA) to stationary source greenhouse gas (GHG) emissions? That inquiry has led inexorably to deeper issues, including the appropriate role of consequences in developing climate policies, the benefits and drawbacks of traditional versus market-based regulation, and, more specifically, the value of using the CAA to reduce GHG emissions. The CAA's GHG provisions for industrial sources are controversial. Environmental Protection Agency (EPA) Administrator Lisa Jackson, environmental organizations, and industry would prefer new climate legislation to implementing the CAA. (1) Further, numerous congressional bills and appropriations riders have sought--persistently but unsuccessfully--to strip EPA of its authority to regulate GHGs under the CAA. (2) An analysis of the CAA's implications can help inform the larger debate about the CAA as a climate policy tool. Given the strong correlation between GHGs and traditional pollutants, there is little question that regulating GHGs from stationary sources will have important consequences. Fossil fuel combustion to produce energy contributed eighty-seven percent of GHG emissions in the United States in 2009, (3) and stationary sources contributed over half of those emissions. (4) Climate policies addressing stationary sources will therefore significantly impact fossil fuel combustion. In most instances, as GHG emissions decrease, associated co-pollutants, like sulfur dioxide, nitrogen oxides, particulates, and other hazardous components, are also likely to decrease. (5) Given the persistence of ongoing air pollution and its pervasive public health and environmental consequences, this co-pollutant benefit'.' is significant. Yet, for the most part, benefits have played little role in climate policy debates. A recent study on the role of benefits in climate policy analyses observed that decision-makers do not usually consider the full range of effects of actions to address climate change. …
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