Use of economic incentives increases in EPA pollution control strategy

The 20-year assessment is contained in a new EPA report, “The United States Experience with Economic Incentives for Protecting the Environment.” The diverse cost-saving inducements are used as a substitute for or supplement to traditional “command and control” regulations and the trend is occurring at all government levels.

New York, NY, Jan. 17, 2001 — Moody’s Investors Service said today that California’s escalating energy crisis has increased the probability of bankruptcy for both Southern California Edison (SoCal Edison) and Pacific Gas & Electric (PG&E) which, in turn, places the financial guaranty industry’s exposure to these utilities at greater risk.

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