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15 MB - Great Lakes Maritime Research Institute

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was considered the hot topic, very much like nano­technology is today. Theemphasis was to get away from making synthetic crude and design catalysts tomake specific ranges of molecules. The neat thing is Fischer used coal and wehave lots of that in untapped reserves that, at current efficiencies, would lastcenturies. Especially if the car fuels and heating energy came from other sources.”http://www.technogypsy.net/May2005.htmPossible work plan for analysis of emission control for <strong>Great</strong> <strong>Lakes</strong> vessels mightinclude:- Identification/quantification of total emissions of selected pollutants (CO 2 ,CO,PM, NO X , HC, etc.)- Application of Benefit­Cost Analysis to establish total emission targets for eachpollutant- Cost­effectiveness Analysis of various types of economic regulations to attainemission targets- Establishment of TDP markets- Impact on emissions and the shipping industryDetails of this work plan might include:1) Estimation of total current emissions- Emissions per source (vessel)- Number of sources- Future projections2) Establishing total emission targets- Benefits (improved environmental quality)- Costs (abatement, compliance, enforcement)3) Types of economic regulation of emissions:- TBES (Technology­Based Emission Standards)- CAC standards (Command­And­Control standards)- Emission Charges/Taxes- TDP (Tradable/Transferable Discharge Permits/credits)4) Establishment of tradable discharge permit markets- Total emission target- Distribution of permit/credits (historical, auction, etc.)- Trading mechanisms- Examples of “Cap­And­Trade” Programs (CAP):o SO 2 emissions (1990 Clean Air Act Amendments)o NO X emissions (Ozone Transport Committee)o VOM (Volatile Organic Material) emissions (Chicago)5) Impacts of emission control39

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