Western Governors' Association, 600 17th Street, Suite 1705 South Tower, Denver, CO 80202

R -- ECONOMIC IMPACTS OF IMPLEMENTING AND SO2 EMISSIONS CAP SOL 00WGA104WRAP DUE 041700 POC Richard Halvey, (303) 623-9378 WEB: Western Governors' Association, http://www.westgov.org. E-MAIL: Western Governors' Association, rhalvey@westgov.org. After the Grand Canyon Visibility Transport Ccommission finished its work, the Western Regional Air Partnership (WRAP) evolved. The stated purpose of the WRAP is to carry forward with the recommendations of the GCVTC Report (the scope of the WRAP has since broadened to encompass other western air quality issues). The Market Trading Forum (MTF), a subgroup within WRAP, was tasked with the development of a market based program responsive to the GCVTC recommendations. This group has been meeting regularly for several years to develop the recommended framework for a relatively robust market-trading system. This system may need future enhancements as a result of the work proposed here and/or as a result of public comment. The main questions to be addressed by respondents to this RFP are: 1) what will be the economic impacts of implementing the Regional Haze Regulations through conventional command and control methods including control of all "BART eligible" sources in the region in comparison to; 2) what would be the economic impacts of implementing a regional SO2 emissions cap with a backstop market-trading program as currently provided for in the Regional Haze Regulations? Responses to this RFP are due on April 17. Posted 03/21/00 (D-SN436514). (0081)

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